william 1389666 | Oct 27, 23 |
On August 15, 1971 if my memory serves me correctly, president Nixon temporarily suspended the redeemability of USA notes back into gold. So from that point, the currency issued only has the promise of the government to make good on those notes. If you take a look at the indebtedness of most countries governments, this temporary action by president Nixon is fast becoming a world nightmare. Do you think it's about time to re introduce gold and silver to back currencies, or do you think cryptocurrency will be the answer to the world's huge problem? |