Bitcoin and the U.S. Fiscal Reckoning with Avik Roy (WiM126)
The "What is Money?" Show
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The Devils in the Details of Inflation
Nixon's short term success was a mirage. After the election, the president lifted the wage and price controls,. inflation returned with a vengeance. By december 19 80, the dollar had lost more than half the purchasing power it had back in june 19 71. On a consumer price basis. In relation to gold, the price of the dollar collapsed from one fifth to one 620 seventh of a troy ounce.
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