Not an Economist by any stretch but even a simpleton can do this math. Since 2008 Treasury has created monetary instruments = 5x the M0 in circulation. $1 pre 2008 = $0.20 today Genius move by govt... US military to preserve reserve currency status through out the world. Keep borrowing and just have the treasury print more monopoly money to pay debt. The net effect thus far is average income and wealth has gone down 25% per american with substantial propaganda and efforts to maintain an illusion of status quo. The end result will be 80% decrease in $ value of all assets and will happen rapidly from this point forward. The only way to stop the vacuum is to take out of circulation what they pumped in. Reality is once printed it is unlikely if not impossible to be pulled out. Taxes are a meaningless system when the scrip being used can just be printed by the politicians. Just by creating and introducing 5x the currency into circulation the govt effectively created and collected a one time 80& tax not on income but on all $ denominated Assets. Gold isn't the solution and neither are other currencies... IMF makes sure everyone is tied together.