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To: Wayners who wrote (36267)	8/10/2012 9:49:22 PM
From: GROUND ZERO™	1 Recommendation Read Replies (1) \| Respond to of 223330

You would see a civil war break out in this country if that happened... GZ

To: Wayners who wrote (36267)	8/12/2012 1:05:24 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 223330

Currency devaluation is probably off the table.. Because every country is engaged in it but it's not accomplishing much. There's just too much debt in the system and it has to be purged back to manageable levels. The devaluation of the US Dollar back in the '30's occurred when the US national debt only equaled approx 20% of GDP. So devaluation encouraged more risk taking by forcing savings (in gold) into investment activity.. "use it or lose it".. So I'm not sure that will work now given that most people, and especially consumers, are in a savings and de-leveraging mode. Get out of debt.. save for retirement.. etc.. Ever listen to Dave Ramsey? His audience is growing.. That's not a recipe for inflation.. And devaluation of currencies don't help debt-burdened consumers and workers. Hawk