History Repeats Itself
Every time a gov'met has debased its currency through or by inflation to pay for wars or building palaces or what-ever, that gov'mit has defaulted on that currency. History is repeating itself. The U.S. inc. Governmet is already planning to replace the Frederal Reserve Note (Federal Reserve Accounting Unit Device, F.R.A.U.D. for short) with the Amero. The Amero would be a North American Union currency. If you look at what Venezuela did to it's currency last New Years Eve, and what Turkey did at the Millinmum (2000) you will see the plan for the U.S. inc. money. They will "revalue" the "new Amero" at 1 to 1000. If you are holding a paper security, stocks-bonds-bank account-pension-cash etc., it will be exchanged $1000 to 1 Amero. Take all of your statements and move the decimal point three places to the left, that is how much you will have in Amero's.
Now because coins are not "Paper Security's" and because the total amount of coin in circulation is such a small amount of the total amount of currency in circulation. The Gov'mit will decree-proclaim that "they" will accept the "loss" in value to continue using the current coin at the same value as the "new money". What this will do is make the Penny worth $10 of todays purchesing power. Of course everything that you buy will also have a different value but what will happen is things will revalue to the point that gasoline would sell for 5cents, just like it did 70 years ago. You would find 5 and 10 cent stores in town (i.e. Wal-mart five and dime). This process would make everything fall back into proper value, (crooks wouldn't steal your copper plumbing and aluminum siding) because pennys would have real value.
So how do you make a gain from this event? Save your change!! collect coins including gold and silver coins. Holding Silver coins work different than paper securitys, the decimal point moves to the Right. Your $20 Silver coin would become worth 20,000 Ameros while your $20,000 bank account becomes worth 20 Ameros. What would you rather be holding when "they-them" call the next Bank Holiday?