This year marks the fiftieth anniversary since Nixon suspended the convertibility of the US dollar into gold. This began the era of a global fiat money, debt-fueled economy. Since then, crises are more frequent but also shorter and always “solved” by adding more debt and more money printing.
The suspension of the gold...
The End Of The Gold Standard: Fifty Years Of Monetary Insanity – OpEd
Eurasia Review
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