Peter Schiff of Euro Pacific Capital says the US has been exporting their irresponsible monetary policy all around the globe and has abused their privilege of producing the reserve currency. The idea that the get together at Bretton Woods would help reshape the global economy is quite ridiculous, since the monetary economic has to sit on top of a real economy. The end of the US dollar's dominance is going to be determined by the decisions that are made by US investors, and the indications are that they will migrate out of the US in search of profit.

Peter Schiff on Bretton Woods 2 ...

Peter Schiff of Euro Pacific Capital says the US has been exporting their irresponsible monetary policy all around the globe and has abused their privilege of producing the reserve currency. If this weekend's get together at Bretton Woods helps reshape the global economy, will it mark the end of the US dollar's dominance?