Monday, August 15, 2011

Today Is The 40th Anniversary Of Nixon Ending Gold Standard And Creating Modern Fiat Monetary System

President Nixon closed the gold window 40 years from today, August 15, 1971, right before one of the most inflationary decades in US history.  Note in the archived video this action was intended to "halt inflation."  Laugh out loud.  Lies, lies, and more lies from Tricky Dicky...

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