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AOC, Pressley, Tlaib ‘Urge’ Biden to Replace Fed Chair With Someone Willing to Address ‘Climate Change’

Post author:MiamiCrypto
Post published:September 1, 2021
Post category:Alexandria Ocasio-Cortez AOC Ayanna Pressley Biden Administration bubble bubbles Bureaucrats Democrats Economics Fed Fed Chair Federal Reserve Finance House Financial Services Committee inflation jerome powell Joe Biden MMT monetary stimulus Progressives Rashida Tlaib Stock Markets three politicians UBI USD USD creation Wall Street

All the recent money creation from the Federal Reserve wasn’t enough, according to a few American bureaucrats, as three politicians from the House Financial Services Committee are urging U.S. president…

The 50th Anniversary of ‘Nixon Shock:’ How Suspending the Dollar’s Convertibility With Gold Fueled Today’s Fiat World

Post author:MiamiCrypto
Post published:August 15, 2021
Post category:50 years Aug. 15 1971 Bitcoin BTC convertibility gold Dollar Economics Featured Federal Reserve gold gold convertibility Gold Standard government spending Nixon administration Nixon Shock Nixon Shock Gold petro dollar Richard Nixon Treasury U.S. dollar USD Vietnam War Vietnam War Spending War War Spending

Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this…