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Dirty Money with Peruvian Bull

The Good Ol Boyz Podcast

CHAPTER

What Happened to the World Reserve Currency?

In 1971, the White House shut off convertibility for gold. The Dixie currency index immediately started going haywire. Kissinger kind of foresaw this and he was worried that the US was nipping itself in its own bud. He proposed a new system where we would back oil exporting nations to back their contracts with dollars.

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