Quote:
Originally Posted by Matt 26z
Someone please explain this in laymans terms. For those of us who have USD bank accounts and whatnot, how can we protect ourselves from a falling USD?
Do most large bank chains in the US allow you to convert your USD checking and savings accounts into another currency?
If it turns out that's not an option, what else is there besides buying gold?
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If the dollar falls and will do that. The us debt is to high at the moment and the problem whit the us debt is that it is foreign hands. Then u Americans are all screwed. I am also screwed but not so much. The only thing what u can do is invest in Asia stock or currency or in European stock or currency so u get less problems. I think u can easily open a Euro account at banks there.
If that is not possible ask a European bank like ING or RBS u have that also in the us right.