Dr Jiulin Teng's logo

Posts with Keyword “nixon-shock”

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.
Cover for post Not What You Thought: Blockchain May Support International Trade, but Bitcoin Won't
Tech
Not What You Thought: Blockchain May Support International Trade, but Bitcoin Won't
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...