Now, throughout the last fifty years, and especially in the end of the 20th century, the US Dollar was the global currency. 

For ex.

@Israel SternbuchAny US investor who invests in Poland has a currency risk, irrespective of how the property is financed.

Aside from the normal currency and economic risks, there are significant political risks in the region.  

They have value solely through consent - the same as any other currency (including Dollars, Rubles, Yen and Bitcoin).     

When I am incentivized to keep my money moving (after all, it is called currency for a reason) it benefits many people; who in turn benefit other people by spending the money that paid them. 

You may need to do the conversion from your currency to dollar $ to make sure everything works and no glitches within the algorithm throw things off.  

What concerns me the most is the long term impact of The Fed's actions on our currency and economic system as a whole.

I always think of SF RE as “premium currency” meaning once you start owning RE in this area you can afford RE pretty much everywhere you want on this planet with few exceptions.

I'd love to hear everyone else's thoughts on this and what implications a devaluation in currency has on the housing market?