13min chapter

Deep Dive with Ali Abdaal  cover image

The Ultimate Guide to Finding Financial Success in a Rigged World (5 Principles) - Rob Dix

Deep Dive with Ali Abdaal

CHAPTER

The History of Currency and the Gold Standard

This chapter explores the history of currency, from the use of gold as a standard to the detachment of the US dollar from the gold standard. It highlights the significant increase in money supply over the past 50 years and discusses the privilege of banks being able to create money out of nothing.

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