Top Tweets for #DollarConvertibility
@RealSpikeCohen How was the #CorporateCurrency broken about 50 years ago?
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In 1971 President #Nixon ended #DollarConvertibility to stop France & other nations from converting rotting US Dollars into gold.
That #GreatUncoupling made rents to infinity & beyond possible:
https://t.co/U49EV6Voi2
@beinlibertarian How was the #CorporateCurrency broken about 50 years ago?
—
In 1971 President #Nixon ended #DollarConvertibility to stop France & other nations from converting rotting US Dollars into gold.
That #GreatUncoupling made rents to infinity & beyond possible:
https://t.co/EJhpaJFCq7
@The92ers @zerohedge …#Nixon ended #DollarConvertibility in 1971. #DownwardMobility since has been driven by #TechnologicalDislocation & #CronyCapitalism, funded by #InflationaryCurrencyDebasement. Such impoverish well-being in a manner inversely proportional to one’s #GovernmentInfluence & #Wealth.
@prageru @JoseNunoRocha #Nixon ended #DollarConvertibility in 1971. #DownwardMobility since has been driven by #TechnologicalDislocation & #CronyCapitalism, funded by #InflationaryCurrencyDebasement. Such impoverish well-being in a manner inversely proportional to one’s #GovernmentInfluence & #Wealth.
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