Source:
http://seekingalpha.com/article/59887-the-federal-reserve-has-failed-us?...
"The U.S. Dollar is falling… it is being done in such a way (hidden with no M3) that it actually looks like they are purposefully lowering the value of the dollar to cause wide-spread problems. Let’s face it, they are lowering the interest rates to help spur the economy but that is an action they know will lower the value of the dollar. Also by hoping more consumers take on MORE debt to stop the recession the economy will inevitably become even more shaky. Sorry, everyone is already maxed out! You can’t keep borrowing your way out of a recession. The dramatic swings in the U.S. Dollar are just the beginning. Soon, no one will know what the U.S. dollar is worth and foreign countries will sell their reserves. Then, the Fed or the government will probably create a solution: Ditch the dollar and create the Amero and a North American Union. This is scary stuff when you truly realize what it does to your constitutional rights and the future of the United States."
I would be in favor of a currency which is based on a basket of currencies and resources from around the world - not a gold-only backed currency. No one currency or commodity should be the reserve standard for the world's economy.