August 15, 1971 - President Nixon "Temporarily Suspends" convertibility of the US Dollar to Gold

August 15, 1971 - President Nixon "Temporarily Suspends" convertibility of the US Dollar to Gold

Source: MAGAlionHAT
https://www.bitchute.com/video/mdeth46HvQUz/
August 16th, 2023.
#nixon #gold #dollar

52 years ago today, President Nixon "temporarily suspended" convertibility of the US Dollar to Gold, turning it into Fiat.
Since 1913, when the Federal Reserve Bank was established, the US Dollar has lost 99% of its Purchasing Power.
It didn't magically disappear, it was stolen via inflation.

“Nothing is so permanent as a temporary government program” – Milton Friedman

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