The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (5860)	4/4/2008 7:47:18 PM
From: Real Man	Read Replies (1) of 71400

Well... Currency crisis: A sudden and usually large decrease in the value of the currency of a country, accompanied by an inability to get any or all of one's money out of any bank or financial institution. It can also happen during a deflation or depression, like the bank runs in the early 1930's in the U.S., as well as in an inflationary environment with an excessively free spending government such as what happened in Argentina with their 'corralito' in late 2001 (we do not intend this as a political statement about what happened in Argentina since there are many reasons for it beyond excessive government spending). nowandfutures.com

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