The Winston Marshall Show Dominic Frisby - How Elites Destroyed The Economy, The Hidden Heist & The Decline of The West
Sep 9, 2025
Dominic Frisby, an author, comedian, and economic commentator known for his viral songs, delves into the complex history of money. He argues that Nixon’s 1971 abandonment of the gold standard paved the way for rampant inflation and growing inequality. The conversation traces economic shifts from Bretton Woods to the modern crisis fueled by fiat money, examining the implications for populism. Frisby also discusses the potential for gold and Bitcoin to restore trust in finance and critiques the expansion of government power throughout history.
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Money Is Society's Lifeblood
- Dominic Frisby argues money is the 'blood of society' and sound money is essential for social health.
- He traces the postwar monetary shift to Bretton Woods where the dollar, not gold, became the global anchor.
1971 Marked The Fiat Era
- Frisby explains Bretton Woods tied the dollar to gold but US overspending eroded that link.
- He says Nixon's 1971 end of convertibility started the fiat money era and enabled unchecked money supply growth.
De Gaulle's Gold Retrieval
- Frisby recounts Charles de Gaulle sending battleships to New York to redeem dollars for gold.
- He uses the story to show mounting pressure on US gold reserves before 1971.
