Nov 16

Written by: host
11/16/2007 7:36 AM 

The idea is floating around that perhaps with the loonie versus the greenback we should look at a common currency. Personally I really like the idea. Why? Mostly because I hated the way our standard of living suffered when the dollar was low ( ie 60 cents).

Is there a danger here? Probably, since a unified North American currency would be impacted by the ever so large US national debt. Not being an economist I can really only look at it in everyday terms. Flip over the book and there would be one price not two. There would be some comfort in knowing that the price of lettuce in Texas could be compared to the price of lettuce in Calgary without having to convert the currency. ( sidebar , now if we could just get rid of that silly metric system life would really be grand)

Of course the biggest problem is what would we call the darn thing. We can't use Euro, it's taken. Let's see ( as I begin to muse), North American currency. Could we call it the Nora. Maybe but it doesn't seem to have the same cachet as "the loonie". How about the "nam", that could work. Or, "namex" if Mexico signs on.

Well I am open to suggestions on what we call it.