Mathematically, printing money is the same as taxation, but it is a flat tax on money instead of on income or property or whatever. It's no more or less moral

Mathematically, printing money is the same as taxation, but it is a flat tax on money instead of on income or property or whatever. It's no more or less moral than any tax that the Fed could levy. Money (currency) is a shared delusion. Gold is not worth its price as a store of real value. Something like oil is.