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Unconstitutional Patriot
Join Date: Apr 2000
Location: volunteer state
Posts: 5,620
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Are you diversified outside the US dollar? How?
The inflationary growth of the US money supply is a bit worrisome. To hedge risk, I'd like to incrementally diversify out of the US dollar. Do you hold CDs in foreign currency? Gold? Hard assets? I am sitting on a lot of cash, and I'm worried that rampant growth in US dollars will eventually lead to 1) deflationary contraction, or 2) devaluation of the US dollar. Obviously, I am prepared for scenario 1, but scenario 2 would hurt a good bit.
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