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RE: The US Dollar Is Screwed Part 2 - How I'm Protecting Myself

in #economics7 years ago

IT'S ALREADY LOST 96% OF IT'S VALUE SINCE IT'S INCEPTION IN 1908(OR 1913 I'M NOT SURE WHICH ,BUT IT WAS THE YEAR THAT THE EARLY VERSION OF THE US FEDERAL RESERVE BEGAN CONTROLLING IT
I'M NOT AN ECONOMIST NOR HAVE I SEEN A DOLLAR CHART RECENTLY; BUT I'D SPECULATE THE DOLLAR 'S DEMISE BEGAN WHEN IT WAS DEPEGGED FROM THE GOLD STANDARD BY PRES. NIXON IN 1971.
SOME SAY HE HAD TO DO IT IN ORDER TO PAY OFF FRANCE AND WHOEVER ELSE WE WERE INDEBTED TO AT THE TIME.