One of the biggest attractions of the euro is that it is seen as the most likely candidate to replace the dollar as the reserve currency. - Peter Schiff

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One of the biggest attractions of the euro is that it is seen as the most likely candidate to replace the dollar as the reserve currency.

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About Peter Schiff

Peter David Schiff (born March 23, 1963) is an American businessman, financial commentator and author noted for his predictions of the housing market crash in 2005, support for unregulated markets and reduction of the powers of federal government. He was a Republican candidate for one of the Connecticut Senate seats, against veteran politician Democrat Chris Dodd.

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Alternative Names: Peter David Schiff
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Think about all the rules and regulations American businesses have to deal with. How can we compete with nations that don’t impose those excessive burdens? Does anyone think that the United States could ever have become a great power with all the rules, regulations, and taxation that exist today?

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