April 18, 1933. It’s almost midnight in Washington, DC. Newly-elected President Franklin Delano Roosevelt has gathered his economic advisors for a late-night meeting. He called this meeting to announce his plan to effectively take the US off the gold standard, the system by which every paper dollar is tied to a certain amount of literal gold. To his advisors ... Show More
Jul 27
Washington: Hero of the Revolution, from The Rest is History
Sharing an episode of a show we really love, called The Rest is History. Hosted by historians Tom Holland and Dominic Sandbrook, the show brings the past to life through gripping storytelling, sharp analysis and a huge sense of drama. From the rise and fall of the Roman Empire, t ... Show More
1h 11m
Aug 2022
The 'Nixon Shock' and the end of the Gold Standard
In 1971, inflation was a huge problem in the USA so the President, Richard Nixon, made one of the most drastic moves in economic history: abandoning the Gold Standard. It became known as the 'Nixon Shock' and nearly caused a trade war between America and its allies. But, it also ... Show More
10m 16s
Jul 24
You're Wasting Your Life for FAKE MONEY: THE US DOLLAR IS A LIE - DATASETS 👽
In this podcast episode, Luke Belmar & Colin Yurcisin delve into the history and current state of the monetary system, discussing the role of debt, the removal of the gold standard, and the introduction of central bank digital currencies. They critique the banking system and the ... Show More
15m 21s
Oct 2021
Gold Reserves on the Decline
In 1971, President Richard Nixon changed the rules of money because foreign countries being paid in U.S. dollars grew skeptical when the U.S. Treasury was printing more and more money to cover our debts, and they began exchanging their dollars directly for gold in earnest, deplet ... Show More
48m 39s