Devaluation of paper currency.

There is no way that we can pay off all the debts we are about to absorb without inflating the currency.

Rates went down yesterday after China’s currency announcement.

I also think that having reserves in a depreciating currency long term isn’t that smart play so I would maybe even hold reserves in something like gold and silver so you hedge your reserves against inflation.

Do we sink to the bottom of the ocean if the currency collapses?

Borrow money until we no longer can, enter hyperinflation, pay the debt back in full, and finally, create a new currency. 

Not to mention dollar strength has crippled some of their currencies.

- Which city to consider, assuming a budget of approx $150k, and prioritizing cash flow over capital gains - neighborhoods to begin researching within each city given the aboveGiven the weakness of our local currency, I'm looking for strong cash flow and a smaller unit in a lower price range to start me off while I build up some $ reserves.Thanks very much for your time!

So China starts by deflating it's currency in return.

What concerns me the most is the long term impact of The Fed's actions on our currency and economic system as a whole.