Name: Episode #162 - The Truth About Nixon’s Closure of the Gold Window
Uploaded: 2021-08-22T13:51:30+00:00
Duration: 27 min 34 s
Description: Few obscure, unilateral presidential actions have had more wide-ranging impacts on the United States than Nixon's decision to terminate the Bretton Woods agreement. In this episode, we walk through a

2 years ago

Nixon gold window Bretton Woods article I section 8 alexander Hamilton Bank of the United States federal reserve james Madison Andrew Jackson gold standard fort knox

Few obscure, unilateral presidential actions have had more wide-ranging impacts on the United States than Nixon's decision to terminate the Bretton Woods agreement.

In this episode, we walk through a brief history lesson on money, banking and currency in the United States and then examine the impact of Nixon’s fateful and negligent decision that has led the U.S. down a road toward national bankruptcy ever since.

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