Yeah, the Amero is a topic that tends to earn a person one of these smilies:
However, it was a currency modeled around the same concept as the Euro: nation-less, base-less, its value and printing regularity determined by a multinational governing body.
And what are we seeing right now?
Greece nearly defaulting unless it gets its wheels greased. Spain, Portugal and Italy in bad shape.
Germany and France not wanting to grease the wheels.
Slovakia doesn't want to scratch their backs, either.
Extend this notion to the Amero and the North American Continent, and you wind up with Mexico in the role of Greece/Spain/Italy. Canada acting as the swing vote in a 3 way council. Unless Mexico allows its more southern neighbors into our little fiat money guild, first. Imagine all of Central America in on an Amero money council, deciding printing frequency? Can you say "Banana Republic?"
Even if it was just Canada/US/Mexico... what do you think the Mexicans would give Canada in order to get their vote for a currency bail-out instead of risking a default and national collapse?
I can't believe how stupid the Europeans were to abandon their individual currencies.
You want a "standard" currency? Something that is multinational and honored everywhere? There's 3. Gold. Oil. And the US dollar.