[Nateman]

Good point. Of course the USA can't play that game for long. The world will figure out US currency is trash and move onto something else if the Fed keeps this up.

We need a catchy term for this World Tax. Pax Tax America?

[Pontiac]

The world will figure out US currency is trash and move onto something else if the Fed keeps this up.

The trouble for the world (and us) is finding something else.

Obama made precious metals less desirable because he made “profits” from the sale of precious metals subject to capital gains tax.

Where oh where is there a shelter from inflation that you won’t be gouged by taxes when you sell?

There is not much good to sheltering your money from inflation only to see it gobbled up by taxes when you nee to spend it.