If they had their own currency, and their bonds were denominated in their currency, they could devalue the currency.

One of the big reasons for this is that I think the government is going to monetize the debt by inflating our currency in the long run.

Wow California looks like a whole different world from where I am at.It looks like your market is limited to a specific buyer that puts heavy currency on the view.The back area there is a little yard but not much and not usable space in front for kids to play.

Between this forum and 4 forums on real estate and politics and a another one on crypto and other subversive subject matter it gets very time consuming and often I lose concentration on matters when I have numerous windows open for engagement.

What does change is the value of real estate and the value of currency.

Here is one of my favorites: "If the America people ever allow private banks to control the issuance of their currencies, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their prosperity until their children will wake up homeless on the continent their fathers conquered." - Thomas JeffersonIt is my hope that one day all Americans will know that the Federal Reserve is no more "Federal" than federal express.

As far as I know, every fiat currency has fallen since Julius Caesar invented the first.

@Lane Kawaoka Lucky for me cryptocurrency has treated me very well.

It is a great way to take full control over IRA money and invest in alternative assets such as real estate, private notes, cryptocurrency, etc. 

They have evaluated the property at 720k (in my local currency) and will go on auction for 50% of this so at 360k.