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2023-08-15 16:15:16

bethechange on Nostr: On this day... In 1971, Richard Nixon "temporarily" suspended the dollar's ...

On this day... In 1971, Richard Nixon "temporarily" suspended the dollar's convertibility into gold.

Effectively defaulting on the U.S. debt and cementing the backing of the dollar by the "full faith and credit" of the U.S. government.

Don't trust, verify.

Hardmoneyfilm.com
WTFhappenedin1971.com
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