3min chapter

Behind the Bastards cover image

It Could Happen Here Weekly 29

Behind the Bastards

CHAPTER

Is the Dollar the International Means of Payment?

The dollar is the international means of payment from 19 71 onwards. It's not backed by anything, mye, you can make as much of that as you want. But there's some problems with how they apply that into a more general theory. The mm, the for the us Government as the issuer, the sole issue of the dollar, which is a fiot currency,. You can create and spend into existence as many dollars as thes government wants and then delead it from existence by taxing it away.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode