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The End of the Gold Standard
2 years ago
4
Join us in this episode of "WTF Happened in 1971" as we discuss the end of the gold standard and the implications it had on the world economy. We'll explore how the US dollar became unbacked by gold, leading to increased inflation and currency volatility. Learn about the consequences of living in a fiat currency-based monetary system and how it continues to affect us today. Stay tuned for future episodes as we delve deeper into the aftermath of the gold standard's end and the ongoing importance of Bitcoin.
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