From the Nixon Shock to Biden-flation

From the Nixon Shock to Biden-flation

This month marks fifty years since President Richard Nixon closed the “gold window” that had allowed foreign governments to exchange US dollars for gold. Nixon’s action severed the last link between the dollar and gold, transforming the dollar into pure fiat currency....
Politicians Lie

Politicians Lie

Politicians are liars. I know. This is a real shocker, right? I’m sure you don’t need me to tell you this. So, let’s just call this a friendly reminder. I was personally reminded of this fact as I wrote an article about the anniversary of Richard Nixon slamming shut...