ilmscore | Prediction Details
"the cause of this is the inflation because in the early 1970s we had our dollar stripped from the gold standard meaning the dollar was no longer tied to Gold the government could spend whatever amounts of money it wanted the feder bank which is a central bank here in the United States could print an unlimited amount of money which meant that the value of our dollar started to drop causing the price of things to go up"
By Minority Mindset | August 28, 2024 | Pending
From video
7 Passive Income CASH FLOW ASSETS To Own For The Next 10 Years 00:52:37 - 00:53:01
Interpreted Prediction
The US dollar's detachment from the gold standard in the early 1970s allowed the government and Federal Reserve to print unlimited money, devaluing the dollar and causing prices to rise, leading to inflation.

Prediction Details

Topic
Inflation and Money Printing

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