The world owes $345 trillion (but who truly holds the debt? In 1971, Nixon removed the dollar from the gold standard, triggering a debt boom. Today, global debt stands at $345 trillion, with nations and banks locked in a mutual-owed loop. So who really holds the bill? CaspianReport @caspian_report (1) | Manhattanartisticabundant Manhattanterrificcoruscant
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The world owes $345 trillion (but who truly holds the debt? In 1971, …
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Why did Nixon abandon the gold standard in 1971?
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In 1971, Nixon made a decision that changed everything: he removed the US from the gold standard. This video breaks down what happened and what it means for the world. #Nixon #GoldStandard #Economics #History #USHistory | Open Range | Facebook
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