Lots of government fiscal, monetary and regime uncertainty there, plus the Fed and the income tax.
Anyways, the point is the 98 percent decrease, over time, of the value of a dollar, to now were there is thought that the dollar itself is the last backstop.
My feeling that at the TBTF level, Fedgov, FR, big banks, the name of the game is if THEY are losing, change the rules until they win. Everyone else take the hindmost.
I always heard that a gold standard removed monetary uncertainty. I guess not.
BTTT!!!!