Dollar In Dire Straits, But Still Top Dog | Kerry Lutz

The US dollar is based on a system that has to continually inflate, says Kerry Lutz, host of the Financial Survival Network. Despite the little credibility that the dollar has, it remains the best option for nations to trade with. The much anticipated BRICS gold-backed currency will be "a fake," he says and questions how the gold-backing will be enforced.

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INTERVIEW TIMELINE:
0:00 Intro
4:06 Economic outlook
10:25 BRICS currency
12:20 Preparedness
17:00 Kerry Lutz online
21:33 Miles Franklin
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