Possible For All Major World Currencies To Fail Simultaneously?

[SevenEyedJeff]

With the Euro struggling over the last few months, and now the British pound falling on Jim Rogers' comments about the pound being finished, is it possible the US dollar and Japanese Yen could join them too? None of these currencies is in terribly good shape, and I could see a scenario where they are all losing purchasing power quickly, while at the same time the US dollar index remains around 80. It will hide the decline until people start noticing big price increases. Any thoughts?:cool:

[jsu718]

If they weren't tied to anything of any value and people suddenly lost faith in them? That can't happen of course ;)

[Chester Copperpot]

They're all currently failing together in tandem... thats how it always works..

[SevenEyedJeff]

They're all currently failing together in tandem... thats how it always works..

I guess that's why they call it globalism. ;)

[slothman]

Time to invest in "Bhutan's" Ngultrum or "Eritrea's" nakfa.