One could stay in US dollars and gold. If the dollar goes to hell, rising gold could make up for the loss in purchasing power.
A hundred years ago gold and silver were the only items accepted as money. Paper money was carried around because it was convenient as opposed to gold and silver, which are heavy. Besides, if you had any doubt about your paper, you could turn it in at any national bank for gold, "the dollar was as good as gold." Furthermore, the dollar was backed by one of the strongest and most prosperous nations on earth.
Today the dollar is backed only by "the full faith and credit of the United States," the greatest debtor the world has ever seen.
This could be the right time to buy some gold if you want some insurance against inflation.
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