Which is the safest currency to hold in the short term?

[TimberWolf]

In order of unsafe to totally screwed (see poll).

[xoggoth]

Zimbabwean dollar?

[AtW]

If you want to reduce currency risk then you'll need to hold basket of currencies so that movement in one of them would be negated by the other.

There is no such thing as a single "safe" currency meaning that they all go up as well as down.

[Scary]

If you want to reduce currency risk then you'll need to hold basket of currencies so that movement in one of them would be negated by the other.

They're all toast. Devaluation race to the bottom.

[DimPrawn]

Buy UK property, goes up 10% in a recession.

[VectraMan]

If you want to reduce currency risk then you'll need to hold basket of currencies so that movement in one of them would be negated by the other.

Buy baskets. Safer than currency.

[AtW]

Buy baskets. Safer than currency.

caskets

[HairyArsedBloke]

Guns (and bullets, LOTS of bullets), food (and water), gold.


Qualify 'safe'

[fullyautomatix]

Buy baskets. Safer than currency.

During the German hyper inflation, a woman dragged a basket filled with money to buy a loaf of bread. She propped up the basket outside the shop and went in for a minute. Came out and saw her money thrown out and a thief had made off with the basket.

[thunderlizard]

For an individual, the safest currency to hold short term is the one that enables you to buy things in the country where you live. Any additional currencies you hold are speculative.