

WHY HASN’T THE DOLLAR FALLEN MORE?
Aug 4, 2025
02:09
WHY HASN’T THE DOLLAR FALLEN MORE?
THE DOLLAR HAS LOST 99% SINCE 1971 — THE FINAL 1% WILL END THE SYSTEM
In a world drowning in debt, deficits, and relentless money printing, many still ask, “Why hasn’t the U.S. dollar collapsed?” But that question reveals a fundamental misunderstanding. As Egon von Greyerz explains, the dollar — like all fiat currencies — has already collapsed in real terms. Since 1971, when the link to gold was severed, the dollar has lost over 99% of its purchasing power when measured against gold, the only form of money that has held its value through centuries. What we're witnessing today is not stability — it’s the final phase of a long, slow debasement.
This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit vongreyerz.substack.com