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August 15, 1971 - a Date Which Will Live in Monetary Infamy.
#brettonwoods #dollar #gold #reserves #nixonshock #goldwindow #fiatcurrency #soundmoney #inflation #money #economics
On this historic 50th anniversary of the collapse of the gold-exchange system drawn up at Bretton Woods, we will look at the consequences of President Nixon's decision to default on the U.S. Treasury's gold obligations.
We will also be having our usual Q & A session.
A Sunday to Remember: https://www.maneco64.net/post/a-sunday-to-remember
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