2min chapter

Peter St Onge Podcast cover image

Ep 70: Major Banks Warn of Disaster

Peter St Onge Podcast

CHAPTER

The Consequences of Abandoning the Gold Standard and the Debt Crisis Ahead

This chapter explores the pivotal moments in U.S. monetary history, focusing on FDR and Nixon's decisions to abandon the gold standard. It highlights the resulting implications for federal debt and inflation, urging a reevaluation of monetary practices in light of current economic challenges.

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