63 Peter Schiff: Remembering August 15th, 1971, the day Nixon officially closed the gold window, killing all that remained of honest money. The gold dollar died and the fiat era was born. (www.youtube.com) posted 4 years ago by CardboardFan 4 years ago by CardboardFan +63 / -0 7 comments share 7 comments share save hide report block hide replies
Exactly 50 years since the US dollar left the gold standard.
Peter Schiff is a famous gold bug- his knowledge of inflation and gold is legendary
Gold standard was only alive by name already.
It's an ad.
Of you all stopped voting for welfare we could have gold-backed money and not have to print endless stacks of play money. Everyone wants money for nothing. We are getting what we voted for.