Comments by "dlukton" (@dlukton) on "ClearValue Tax" channel.

  1. Depends how much the dollar were to be devalued against gold.
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  2. @alohatraveler  Luke Gromen has discussed this issue. If the US Treasury were to revalue gold to, say, $30,000/ounce, the Treasury would be able to retire (i.e., buy back) a large amount of US debt. Yes, inflation would surge, but so would federal tax receipts. If this were coupled with "yield curve control" by the Fed, the national debt would be WAY less than it currently is, and the fiscal situation of the country would be vastly improved. As for the US dollar in forex markets, USD wouldn't necessarily decline that much relative to other fiat currencies; MANY countries are in worse shape than the US is in.
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