What about a currency, say buying the Swiss Franc to protect??? The Fed is not adjusting rates, because they know it will crash the budget. So, in my mind, that means the dollar will de-value against better currencies. Not touching the Euro or Canadian dollar, so that leaves me with something like the Swiss Franc or Japanese Yen
Fiat currency is still fiat currency, even if it is not created by the Trillions like ours is. See post 9.