I listened to Peter Schiff recently and there is something that really puzzled me.
http://www.youtube.com/watch?v=vYEAjC7WOmc&feature=related
Well, he speaks about the dollar failing. He does not understand why people believe in dollar. But how many % of the dollars are held by countries and major corporations? Is it really about people stop believing in dollar or would it have to be some major sell out from really big player?
Is the fail of dollar really possible? Should not we count the political will? I think it is not just in USA`s interest to keep dollar alive.
Thank you