Tom Kowitz on the Last 4 US Government Defaults – Friday Flashbacks – Epi-47
The Survival Podcast
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Gold, Dollars, and Economic Uncertainty
This chapter explores the historical evolution of the U.S. monetary system, particularly the shift from the gold standard to a fiat currency in 1971. It examines the implications of this shift on economic stability, public perception, and the potential return to a gold-backed system amidst current inflationary pressures. The discussion emphasizes the importance of tangible assets and self-sufficiency in safeguarding personal wealth against future financial upheaval.
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