The Bad Behind Cash Conversion

[Godfather89]

Im trying to grasp the concept of what it means if we get rid of The Dollar and institute the Amero as the official currency in the states. Since the Amero would be controlled (being originated by...) the bankers, than wouldn't that mean that even this new currency would just cause inflation as well?

I understand that a new international currency would rape the shit out of American Sovereignty. But I am not trying to understand this politically but economically.

 

[Mini-Me]

Im trying to grasp the concept of what it means if we get rid of The Dollar and institute the Amero as the official currency in the states. Since the Amero would be controlled (being originated by...) the bankers, than wouldn't that mean that even this new currency would just cause inflation as well?

I understand that a new international currency would rape the shit out of American Sovereignty. But I am not trying to understand this politically but economically.

You're not missing anything here. It's pretty much a sham, and it wouldn't fix anything. The point of a new fiat currency is twofold:

1. First off, it has a psychological effect on people. By introducing a new currency, bankers can convince people that "this one's going to be solvent," even if it's run into the ground via the same policies. Unless banks of the world simultaneously start forgiving debt to central banks, this won't affect our national debt or anything like that. Unless they actually change policies, there will still be continued inflation (and possibly even continued inflation due to the government borrowing more money to pay off existing debts). However, if China and other countries sitting on massive US dollar reserves switch over as well, I suppose it might reduce the potential for domestic hyperinflation following foreigners dumping their dollars into the US market. (After all, there's currently a risk of the Chinese dumping all of their dollars into the US domestic market so they can get something material for them before they're worthless, and that would spark hyperinflation...however, if the Chinese are using the same exact currency as we are, dumping them here wouldn't do them any good.)
2. Second, in this case in particular, it would be an excuse to consolidate many national currencies into a single fiat currency and consolidate central banking powers either regionally or across the entire world. As you know, this is a very bad thing in the political sense.