This is super important as to realize where the US is now compared to the past.
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.
This is super important as to realize where the US is now compared to the past.
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.