Posts Tagged ‘ fiat ’

Nixon and gold and the future – comment by Roger Ellman

Aug 25th, 2011 | By
Gold coin

Nixon and gold and the future [ As commented on the World Future Society article “Richard Nixon, futurist: how good was his foresight regarding the end of the gold standard?” ]   I would summarize Nixon’s removal of the dollar from the gold standard as handing the control of the value of currency in “toto” to
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