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	Global Currency Trading

There should be global tax free currency trading. You should not have to pay tax on the income earned abroad either when you earn it abroad or take it overseas.

It acts as barrier to flow of money, leading to artificially higher costs of carrying out business, thus leading to costlier petrol, ultimately ending in higher consumer prices.

Today, currency trading "FOREX" can be carried out on the net and has helped few people become rich. But in the current market, with the Central Banks not ready to disclose the currency being circulated, so as to safeguard their preferred political territories, FOREX trading is quite difficult. In turn, currency exchange becomes a type of peek-a-boo poker game with high stakes, in you simply wager according to your interpretation of the personality of bankers and politicians.

Prospects alter when the governments of different countries decide the rates regularly in order to safeguard one section of the market, followed by another so as to keep everyone happy. The rates vary according to the place of purchase as well as sale of currency.

It does not mean exploiting others but personal choice and lessening of inflationary stress on local budgets. If the currencies did not have set exchange rates and allowed market to decide the values, then the dollar would be pegged at $35 for each ounce of gold and was disassociated from its actual value, then it would be easy to manipulate it, making it the strongest currency.

Some years back, e-gold had a promising future, but then the IRS entered the scenario to avert money laundering and tax evasion, thus spoiling any prospects for financial freedom that were on horizon.

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