It isn't like he knows, however, he IS saying some things that are not being discussed so I find it interesting.
What is really a bit nuts is the idea that the government would give savers a one time cash injection to compensate rather than bailing out every corporation that comes along with its hand out.
Clearly the current path will very likely destroy the dollar. Real assets like a home or a car should retain relative strength. I bought my used Wrangler for $13,000. If this plan unfolds it might be worth four million dollars, but 13,000 of the new denominated currency. You can't bet the farm on this option, but there are precious metals ETF funds out there. Read the fine print though, if you don't own a certain amount you can't cash them in for the metal.