The Dollar was pinned to Gold. And Nixon separated the two making the USD a true fiat currency. With today's printing of the USD is causing a lot of things within the economy to become unbalanced, as well as inflation.
The Dollar was pinned to Gold. And Nixon separated the two making the USD a true fiat currency. With today's printing of the USD is causing a lot of things within the economy to become unbalanced, as well as inflation.