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The Secret Ronald Reagan Told Me About Gold and Great Nations

Today marks 50 years since President Richard Nixon closed the “gold window,” ending the ability of foreign governments to exchange United States dollars for gold. Nixon’s action severed the last link between the dollar and gold, giving the U.S. a fiat currency. America’s experiment with fiat has led to an explosion of consumer, business, and especially government debt. It has also caused increasing economic inequality, a boom-bubble-bust business cycle, and a continued erosion of the dollar’s value. Nixon’s closure of the gold window motivated me to run for office. Having read the works of the leading Austrian economists, … Continue reading → ....

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Sprott Gold Talk Radio Looks Back to the End of Bretton Woods

Sprott Gold Talk Radio Looks Back to the End of Bretton Woods
etftrends.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etftrends.com Daily Mail and Mail on Sunday newspapers.

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The Secret Ronald Reagan Told Me About Gold and Great Nations

Today marks 50 years since President Richard Nixon closed the "gold window," ending the ability of foreign governments to exchange United States dollars for gold. Nixon s action severed the last link between the dollar and gold, giving the U.S. a ....

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Yale Announces 2021 Frederick Douglass Book Prize Finalists

Yale Announces 2021 Frederick Douglass Book Prize Finalists
yale.edu - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yale.edu Daily Mail and Mail on Sunday newspapers.

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Beyond Bretton Woods — A New Series in the Sun

Beyond Bretton Woods A New Series in the Sun
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Beyond Bretton Woods A New Series in the Sun
Editorial of The New York Sun |
July 29, 2021
https://www.nysun.com/editorials/beyond-bretton-woods-a-new-series-in-the-sun/91598/
The New York Sun launches, with Judy Sheltons op-ed this evening, a series on the 50th anniversary of the collapse of the monetary system that had been established at Bretton Woods at the end of World War II. That system, centered on Americas promise to redeem dollars presented to it by foreign governments at a 35th of an ounce of gold, was far from perfect. Yet its collapse, in the summer of 1971, opened up a new and far more dangerous moment the era of fiat money. ....

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