Did you know that Cash Is TOXIC From Panic FEAR? Each time a crisis was followed by a massive change to our currency, you hard-working Americans have been hurt.
The last time this happened was back in the early 1970s, during the Vietnam War. Sunday, August 15, 1971, President Nixon addressed the nation in prime time with a shocking announcement.
The cost of the war along with massive welfare benefits programs known as the “Great Society” was threatening to bankrupt America. So, the President came up with a plan to change the dollar, yet again. He decoupled, separated, and deleted gold from the dollar, in an effort to (in Nixon’s words) “stabilize the dollar” with petro oil dollars.
Not only did it cause our dollar to plummet…But, by cutting our currency loose from gold — officially converting the US dollar to a “fiat” debt currency — Nixon essentially allowed the Federal Reserve to throttle up the printing press… and accelerate the expansion of the money supply at will. Think about it..