#soundmoney #inflation #dollar #brettonwoods #gold #goldstandard #fiatcurrency #debt #archegos #greensill #markets
Today we will look at the bigger picture of the post-1971 "Non-Monetary System" that has created so many distortions in the economy, finance and markets.
We will be going over a few recent important developments like the failure of a few hedge funds like Archegos and Greensill too and how these events are just symptoms of the fiat currency inflation of the last half-century.
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Thanks again for the education, @maneco64. Wow! Yes, I remember my Father, in the 1970s, mentioned, our US debt was approaching One-Trillion Dollars. He said that a trillion was a mind-boggling number, especially when used with money. Understand it, he said. I find it hard to believe that, it was 50 years ago.
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