Reply #13: Hi, peace_

[cliss]

Welcome to the DU:smoke: :cheers:

Very nice post. That's a good question. I believe this is already happening - Americans are moving out of dollars into other currencies. They might not so much on a cash basis, but they certainly are in their 401(k)'s and other investments.

This is going to be a self-fulfilling prophecy. The Euro is gathering momentum, and its force will only accelerate when people start to lose faith in the dollar. It's already happening.

I've jokingly said that the US should adopt the Euro as its currency, and the problem would be solved. Not funny, though.