The Gold Standard and Nixon's Policy in the 19 Seventies

A question for jimmy about the gold standard and how it ties to inflation. A sense is that staglation in the 19 seventies, which were now it looks like we may have a second dose of thata,. was caused not simply by one thing, but by a a collection of policies. Our next bit of audio feedback comes from tom jime ani. Listened to the inflation episodes, you had a bunch of great information, including the fact that the government is ultimately responsible for inflation. But i don't think that's the case. As we have a fraction reserve lendinga system, and historically, the majority of currency has been privately created through the issuente of loans