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What will the Fed do ?

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Considering the current economic outlook, how difficult would it be to convert $ to Euros and get a Swiss bank account?
 
Considering the current economic outlook, how difficult would it be to convert $ to Euros Very Easy:D


and get a Swiss bank account? Very hard. Unless you have a lot of $, they are not interested in your business. Privacy doesn't come cheap
:angry:
 
How would you take x amount of $ and convert it to Euros and put it in a bank?

I've only gotten currency changed in small amounts so I had it for initial travel expenses, the rest always came out of foreign ATMs so you didn't pay a conversion fee and got the best rate.
 
How would you take x amount of $ and convert it to Euros and put it in a bank?

I've only gotten currency changed in small amounts so I had it for initial travel expenses, the rest always came out of foreign ATMs so you didn't pay a conversion fee and got the best rate.

Think liquidity. The FXE Euro Currency Trust: http://www.marketwatch.com/quotes/fxe

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He's Back?

Can someone more knowledgeable explain WHY they cut the rate again?

Take a moment to listed to what an educated, 20 year veteran of the House has to say about it before you instantly black list ('ignore') me ... I did not see any instant frustration with all the other links within this thread?
 
To answer your other question scooterbug if you are serious ...

You may want to consider Costa Rica ...

The Costa Rican colony is freely convertible into foreign currency and contracts may be negotiated in any currency. The Central Bank establishes exchange rates through auctions and a well-publicized policy of daily mini-devaluations.

http://www.american-european.net/offshore-banking.shtml
 
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Please take a moment to watch this, the man knows what is going on:

http://www.youtube.com/watch?v=yAwvlDJgJbM&eurl=www.ronpaulnation.com/

I watched Bernanke's appearance before the committee today. Ron Paul really laid it on the line. Bernanke responded, in essence, that the weak dollar won't be a problem for the vast majority of Americans because they spend their money in the US anyway. Interesting to note how Bernanke rubbed his nose after his response to the Paul's comments (seen at the end of the above clip)--which in body language-speak is a sign of "rejection, doubt or lying." I'll take that as a "tell" as to what is really going on in his mind.

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