In the second part of this fascinating interview, Prof. Allan Meltzer, historian of the Federal Reserve Bank of NY, continues his conversation with Dr. Pippa Malmgren and goes on to discuss the historical precedent of countries diverging from the Rule of Law, China's AIIB as an alternative to U.S. financial markets, and the warring currencies of the world, including the dollar, the euro and gold. Dr. Meltzer's front-row view of every Federal Reserve policy environment since William McChesney Martin makes this a fascinating look into the past, and a lens through which to view our current financial landscape.