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BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Understanding the Impact of Government Decisions on Food Prices
The government's awareness of the link between government instability and rising food prices was demonstrated in 1971 when Nixon decoupled from gold, resulting in a significant rise in food prices. Despite knowing the consequences, government leaders engaged in a 55-year campaign not to inform the American people about the impacts of decoupling on food prices, but rather to alter the food supply trajectory to mask the rising costs.
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