The Pandemic Will Change American Retail Forever

[Celerity]

6. What entity is going to force through a 'huge devaluation of our currency to compensate'?

I can see the natural FOREX market forces having some effect on valuation, but little chance internal US forces will do a forced devaluation. The socio-economic upheaval from that would be courting disaster on an society-wide level of epic proportions. If you suddenly cleave off 30%, 40%, or even 50% of the populace's purchasing power, there will be nationwide riots at never before-seen levels.

The main people who have been pushing these scenarios (for decades) have been the gold-bug types, the doom-is-nigh preppers, and of a newer vintage, the crypto currency fanboys/girls. I put little to no stock in their prognostications. We do hold physical gold and silver, but not to any massive degree, and mainly as a complimentary hedge to potential inflationary forces. It is not a key component of our overall portfolio.