Oh no I got it, apparently the irony the ignorance in your "dig" was lost on you...
If you actually did comprehend the crux of my quip, your rebuttal wouldn't defend the debasing of your own currency, on the basis that it presumably props up Canada's. Is that to suggest that debasing your own dollar by way of monetizing debt is sound monetary policy? The residual effect on the Canadian dollar, or that of any other nation, is completely moot and irrelevant to the funamental point, which you might assertain, if you read between the lines. In terms of propping up, you might consider that it's the global economy that is presently trying to prop up the U.S economy, that is, until the lenders take away the punch bowl. Raising the debt ceiling is an admission that America's ability to pay creditors is dependant upon borrowing even more money from those same creditors, to try pay off existing debt. That's like trying to pay off your Visa bill, using your Visa.
As far as labeling the Canadian dollar monopoly money, all fiat currencies are essentially that. Nevertheless, the world will see soon enough whose is truly "monopoly" money, reserve currency or not. And a sorry state of affairs it will be when this happens. But hey, print away. HTH.
