Posts with Keyword “nixon-shock”

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.

25 May 2020 · Some major players in international trade and investment may wish to decouple from the US dollar. A blockchain-based, supranational currency mechanism will o...