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Eventually the dollar won't always rule. Eventually there will be a challenge to the United States and it will have to be like other countries that are a bit concerned about their currency, and then have to ratchet back in order to - right, in order to sustain. We just haven't reached that point yet.

Virtual currency, where it's called a bitcoin vs. a U.S. dollar, that's going to be stopped. No government will ever support a virtual currency that goes around borders and doesn't have the same controls. It's not going to happen.

Ultimately, in the long run we need to immunise our system from being overly responsive to fluctuations in the exchange rate; that is, people should, by and large, be reasonably hedged, or they should borrow more in domestic currency rather than foreign currency.

When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets.

I'm a strong-and-stable-dollar advocate, and the Fed has been moving dangerously away from that mission.

There are so many problems in the E.U. that several countries are warming up to the idea that after the single currency, a deeper integration could also be created.

In this age, if the currency of a major nation collapses, or its access to borrowing ends, it just can't function.

I do have a fundamental concern about us losing control of our own destiny, and this is not just about the euro. You can expand and extend it into the whole constitutional issue. The British people have been suckered with regard to how the whole currency and constitutional issues have been sold to them.

The U.S. will lose its status as the superpower of the world financial system. The world will become multi-polar.

And the trajectory that our debt is taking now beyond $14 trillion is going to have an impact on our currency. It goes south, and our currency's going to have an impact on our standard of living and affect every family in this country, and over time, our international competitiveness.