The End Of The Gold Standard: Fifty Years Of Monetary Insanity – OpEd

Eurasia Review

Published

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...

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