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Dumping the gold standard was one of the best moves nixon made. The gold standard was directly responsible for untold economic suffering in the country.


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Second worst economic period in US history directly caused by the lack of fiat currency. https://en.wikipedia.org/wiki/Long_Depression

Worst economic period in US history directly caused by the lack of fiat currency. https://en.wikipedia.org/wiki/Great_Depression

Fiat currency is just below electricity and insulin as the greatest inventions of the recent centuries.




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