True, but our income tax is lower than just about every nation in the Euro Zone. If income tax rate was the source of monetary weakness, then the euro would be in the dumps, not the dollar.
The dollar is stable. If the lowered value oin the dollar U.S.
was monetary weakness then inflation would be climbing. It’s
not. The internal rate of infaltion is incredibly low.
Stop reading the Times and listening to Michael Weiner.
if our economy is so bad why is gold about to take a hit?
After all is’nt that the hedge against a weak dollar and inflation? Those notions are antique.