ilmscore | Prediction Details
"president Richard Nixon took the dollar off of the gold standard because the United States government was on the verge of default we had a lot of debts and we didn't have the ability to pay it and we didn't have enough gold and so instead of defaulting what president Richard Nixon said was let's temporarily take the dollar off of the gold standard so the Federal Reserve Bank can print essentially infinite amounts of money"
By Minority Mindset | January 6, 2025 | Pending
From video
The Wealth Divide: Why Investors Are Thriving and Workers Are Struggling 00:07:30 - 00:07:54
Interpreted Prediction
Details President Nixon's 1971 decision to remove the US dollar from the gold standard due to government debt, enabling the Federal Reserve to print unlimited amounts of money.

Prediction Details

Topic
US Dollar

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