The Day the Dollar Died – Director’s Cut
Remembering August 15th, 1971, the day #Nixon officially closed the #gold window, killing all that remained of honest money. The gold #dollar died and the fiat era was born. See Also: (Peter Schiff) – Stimulus Even Harder to Exit Than Afghanistan
Markets spooked by CNBC interview with Boston Fed President. Higher inflation leads to more poverty and a wider wealth gap. Food stamps are really money stamps. Media campaigns to soften up the public to inflation. Stimulus postponed the pain for some, but it’s about to come due. Jerome Powell warns Americans to prepare for a recession. Fed created a dollar crisis in response to the looming financial crisis.