The Importance of a Competing Currency

The United States has always been extraordinarily independent in terms of its ability to function as a nation. The biggest thing that was missing for a long time was abundant energy, he says. But since the shale revolution, the U.S. now has more energy than it needs for its own consumption. If you want an alternative to the US dollar and you're looking around for a competing currency, there are a handful of options which will generally float to the top," writes David Frum.