3 ms·
Nixon Ends Convertibility of U.S. Dollars to Gold on August 15, 1971
- janandonly 3y agoThe gold standard at least meant that money couldn't be printed in unlimited amounts. Productivity and compensation have since 1971 diverged, meaning the proletariat has not profited quite at the same levels as they could have. https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/