The answer is yes, it will be devalued planet-wide. The amount it could be devalued is dependent on a number of factors which, admittedly, I don't fully understand. Suffice it to say that it won't matter whether it's cash-in-hand or in a bank, it will suffer loss in value (purchasing power). The infomercial that Porter Stansbery has on the net now is a good place to get a lot more info regardless of whether you fully believe his predictions or purchase his newsletter which I have yet to do, but am sorely tempted to.