David Dodge is Canada’s counterpart to Fed chairman Ben Bernanke, so take his words seriously:
Bank of Canada Governor David Dodge says North America could one day embrace a euro-style single currency.
But to get there, Canada, the United States and Mexico must first tear down barriers to the free flow of labour, which he pointed out Monday have “gotten a bit thicker” in recent years.
Tearing down barriers to the free flow of labor is exactly what this immigration “reform” is all about. A single currency (the Amero?) will eliminate fluctuations in value between countries, which benefits you and I not so much as the investment bankers and multinational corporations who find national borders an obstacle to doing business.
Especially when tearing down those barriers reduces their labor costs.