Comments by "David Ford" (@davidford3115) on "Could Latin America Have a Single Currency? - VisualPolitik EN" video.

  1. And THAT would be their salvation, a regional Peso fixed to a stable commodity likes silver as you propose. Hell, I would convert to using it if it was backed by Silver.
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  2. The only way a Latin regional Peso would work if it was fixed to the price of silver.
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  3.  @Rjsjrjsjrjsj  New Spain is not modern Latin America. I fail to see how Age of Sail applies to today.
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  4.  @j.m.palacios5318  "Failed" because they can't control their finances and have to rely on an outside force to keep them in check. Keep in mind that national banks are directly controlled by the governments that sponsor them. Often those nations simply print money until it is as worthless as the Weimar Deutschmark or the Zimbabwe banknote. ""The issuing power of currency shall be taken from the banks and restored to the people, to whom it properly belongs." -Thomas Jefferson
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  5. Don't forget France, The Franco-German alliance is what keeps it afloat as Deutschland itself can't do it alone. if those two turn on each other, then that is the end of the EU.
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  6. Or fixed to silver, then it would be the most reliable currency in the world.
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