It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: lakenheath24
Pretty sure that would be on Congress...and then the courts. Change the dollar? No...just no.
originally posted by: chris_stibrany
a reply to: musicismagic
Just to play along here, if you had most of your money in your savings in your credit union, wouldn't it just 'convert' to this 'new currency' ?
originally posted by: chris_stibrany
a reply to: musicismagic
You are telling me that Japan is going to go to some kind of 'new yen' ?! evidence?
And no while I have a few undred in cash for emergencies I didnt pull most of my money out lol.
originally posted by: musicismagic
originally posted by: chris_stibrany
a reply to: musicismagic
Just to play along here, if you had most of your money in your savings in your credit union, wouldn't it just 'convert' to this 'new currency' ?
Well yes and no what is happening here is that people are withdrawing their money and keeping it at home.
They will eventually have to exchange their old money for the new currency.
And many people are worried about the amount that they'll be able to exchange into the new currency with the limit for change so it's a very difficult situation for people that are hoarding their money will they be able to bring in $10,000 at a time or $100,000 at a time it's new regulations are being implemented that's all I can say right now for this country that I live in.
originally posted by: chris_stibrany
a reply to: musicismagic
Just to play along here, if you had most of your money in your savings in your credit union, wouldn't it just 'convert' to this 'new currency' ?
originally posted by: cirrus12
It's not that crazy when you think about it.
The EURO came in as a new currency and wiped out people's savings overnight! They were totally scammed.
Currencies can and do change.