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Posts with Keyword “fiat-currency”

Cover for post 50 Years of Transitory Fiat System: The Danger of Spectacular Collapse
economy
50 Years of Transitory Fiat System: The Danger of Spectacular Collapse
15 Aug 2021 · 50 years ago, Nixon closed the Gold Window, defaulting on US liabilities. 50 years later, the Fed is cornered, and the danger of a spectacular collapse of the USD is something that we must be prepared for.