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Jim Rickards: Gold Standard vs. Fiat Money, 50 Years Later— Are We Better Off?

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First published at 02:07 UTC on August 13th, 2021.

#goldstandard
#fiatcurrency
#centralbanks

@BoogieFinger

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The GOLDEN Anniversary of Leaving the GOLD STANDARD

August 15, 2021 marks the 50th anniversary of the end of the gold standard in the U.S. In 1971, President Richard Nixon formally unpegged the U.S. dollar from gold, meaning the greenback was no l…

The GOLDEN Anniversary of Leaving the GOLD STANDARD

August 15, 2021 marks the 50th anniversary of the end of the gold standard in the U.S. In 1971, President Richard Nixon formally unpegged the U.S. dollar from gold, meaning the greenback was no longer convertible into bullion.

Our Daniela Cambone speaks with best-selling author Jim Rickards about the U.S. economy post the gold standard to answer the most important question: are we better off?

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