Exactly 53 years ago, Nixon “temporarily” suspended the convertibility of dollars to gold.

Remember: there is nothing so permanent as a temporary government program.

Happy birthday, fiat!

(Study #Bitcoin with nostr:npub10qrssqjsydd38j8mv7h27dq0ynpns3djgu88mhr7cr2qcqrgyezspkxqj8 ) https://v.nostr.build/rybgBhs6ELHoSfjs.mp4

Reply to this note

Please Login to reply.

Discussion

Nothing more permanent than a temporary government measure

...most people forget that he *also* implemented price controls..i

...except it wasn't permanent.

Couldn't we just suspend the FED temporarily?