Fiat money: it’s valuable just because the government says it is, but we all know they’re going to just print more and more of it until our savings turn to dust.
It’s not like the good old days, when money was backed by solid gold, in a monetary system that everyone could believe in… right? Well, about that. Today, we investigate the system that came before fiat, to find out how it worked, how it changed the world, and just how much better it was – or worse – it really was.
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📺Essential Videos📺
Ethereum’s Michael Saylor? The Strange Story of Sharplink 👉https://youtu.be/o0grDr554bg
Incoming: $40 Trillion of Big Beautiful Debt 👉 https://youtu.be/MblA9L7dYNI?
Warren Buffet’s $347 Billion Doomsday Fund 👉 https://youtu.be/Ee83YmEqng0
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– TIMESTAMPS –
0:00 Intro
0:46 Background
2:21 The Road to Bretton Woods
7:46 Bretton Woods: How the System Worked
13:32 Doomed to Fail?
17:48 Finale: It’s Our Currency, But Your Problem
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial, legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Macro #Fiat #gold
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