[Liberty1970]

Buy Silver, it’s the only commodity on the market that is still cheap enough to actually make some money. Gold is way too high and your margins to small.

But if (when?) hyperinflation hits, gold prices will skyrocket too. But I take your point.

I've heard the Fed claim they can just mop up all that extra money when the time comes, and thus prevent hyperinflation. This sounds a little (ok, a lot) too simple for me. Can anyone comment on how plausible it is that the Fed can change course and restrict the money supply when the time comes, without more economic havoc?

[Centurion2000]

Can anyone comment on how plausible it is that the Fed can change course and restrict the money supply when the time comes, without more economic havoc?

1930's style income tax rates come to mind.

This is the year, top rate and top bracket.

1932 63 1,000,000
1933 63 1,000,000
1934 63 1,000,000
1935 63 1,000,000
1936 79 5,000,000
1937 79 5,000,000
1938 79 5,000,000
1939 79 5,000,000