The traditional dollar-based world currency system is now close to breaking point and the chances that it will come crashing down by 2016 are probably higher than fifty-fifty.
The ultimate goal was for America lead the world toward a stable, international monetary systembased on gold, with the dollar again defined as a unit weight of gold.
The value of the dollar should be stabilized against gold or a basket of commodities (the 21-commodities-based system used in the 1990s by Fed Vice Chairman Wayne Angell would work).