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To: nw_arizona_granny
sooner or later the gov will take them over and some in law of a politician, will screw up your account.

That's what happened in Argentina to put them over the edge. Inflation took off (again) in 2000, and the country defaulted on its debts. The currency was devalued overnight to 1/3 its value. So if you had $6,000 in the bank, now you had only $2000. That's what they gave you, $2000 Argentine dollars (or pesos or whatever). I wonder how many Ameros you'll get for your old "dollars."

2,703 posted on 02/24/2009 10:08:40 PM PST by TenthAmendmentChampion (Be prepared for tough times. FReepmail me to learn about our survival thread!)
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To: TenthAmendmentChampion

I wonder how many Ameros you’ll get for your old “dollars.”<<

Good question.

During the 1970’s, if you heard a rumor they were going to devalue, you listened closely and heard on the news:
“to day the dollar was devalued 12%”.

And on to holywood news.


2,709 posted on 02/24/2009 10:41:15 PM PST by nw_arizona_granny ( http://www.freerepublic.com/focus/chat/2181392/posts?page=1 [Survival,food,garden,crafts,and more)
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