[stx]

> Austerity measures will include wage and price controls (like Nixon did in 1970s), sky high interest rates.

^This is my biggest concern.

Thus far real estate has been my favorite investment. I assume though if interest rates go up peoples buying power and hence prices will go down. If I liquidate my investments I will owe taxes and I fear inflation will eat up the cash value.

Buy e-yuan? Leave the USA?

[onlyrealcuzzo]

The Yen isn't a reserve currency, and it's had 0% interest rates for ~30 years.

Why can't the dollar be the same?