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Nixon 1971: The Day the U.S. President Made the Fiat Dollar the Gold Standard — And Nobody Voted On
Nixon 1971: The Day the U.S. President Made the Fiat Dollar the Gold Standard — And Nobody Voted On Kwabena Ofori Osei 16 Views • 2 months ago

On August 15, 1971, President Richard Nixon interrupted Sunday night television to make an announcement that would quietly reshape the entire global financial system. Without a single vote in Congress, without consulting America's allies, and without any public debate, Nixon severed the last link between the U.S. dollar and gold — ending the Bretton Woods system that had governed international finance since World War II.
What followed was the birth of the fiat money era we still live in today. Inflation spiraled. Oil prices quadrupled. The petrodollar system emerged. And the rules of money changed forever — not through democratic process, but through a secret weekend meeting at Camp David attended by just fifteen men.
This is the story of how one decision, made behind closed doors, turned the dollar from a gold-backed promise into pure government decree — and why you're still paying the price for it more than fifty years later.
Sources and further reading:

Federal Reserve History — "Nixon Ends Convertibility of U.S. Dollars to Gold"

U.S. State Department — "Nixon and the End of the Bretton Woods System, 1971–1973"

Jeffrey E. Garten — "Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy"

World Gold Council — "The Bretton Woods System"

Bank for International Settlements — Working Paper No. 684, "Triffin: Dilemma or Myth?"
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Learning Twi Made Fun: Essential Vocabulary for Kids | Nana'sAfricanTV
Learning Twi Made Fun: Essential Vocabulary for Kids | Nana'sAfricanTV T. Y. Adodo 16 Views • 2 months ago

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AES: United States Psychological Warfare Operations Is In Full Effect (Case Study)
AES: United States Psychological Warfare Operations Is In Full Effect (Case Study) Kwabena Ofori Osei 16 Views • 2 months ago

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Yeza X Rorystonelove - Road Runner (Official Video)
Yeza X Rorystonelove - Road Runner (Official Video) T. Y. Adodo 16 Views • 2 months ago

#yeza #reggae #dancehall #soundsystem #jamaica yeza X Rorystonelove - Road Runner (Official Video)
Out Now: https://go.znc.bz/rory049

Written by Yeza
Produced by Rorystonelove
Distributed by Zincbeats LLC
Videography by Vartex Studio

Yeza Online: linktr.ee/yezamusic

Lyrics

Yeza come fi lock it
Riddim like a semi-automatic don’t stop it
Crime and poverty a dragging hey hey
Times dread so prepare fi fend for yourself

Asphalt affi burn up
Hustle from sun down to sun up
Respect due site man work hard ina sun hot
Nuff man never tek no gun up
Every hustler get applaud
Fresh fruits ina dozen
Hey every mickle make a muckle
One two three four work we a juggle
Although the system corrupt
Belly still a empty— food for the stomach

Road affi Rough up
Skin too soft better tough up
Poverty no live yaso
Me affi get d status
Affi go for anything me want ina me power
Road Runner every second every hour

Touch Road affi crush it
Whether peanut or bag juice ina bucket
That a send pickney go a school and college
No one nuh frowns when mama gone a town fi the cabbage
Na floss my money ina no party
Prefer buy a fab soap fi mi dutty laundry
Affi knock it hard consistently
Some a try a thing and quit next week
Nuh stone nuh left unturned when we look it
Work scarce a yard plane ticket get a booking
Grow rough ina the dutty so this is not a rookie
Everything is profit if you know who’s shopping
Everybody put your hands together start clapping
For the real mvps ina Jamaica street
How dem a gwaan like we never work for it
When a we look the food weh we eat

Road affi Rough up
Skin too soft better tough up
Poverty no live yaso
Me affi get d status
Affi go for anything me want ina me power
Road Runner every second every hour

And me say bossman
Give me every money weh you owe me
Gimmi likkle Shearer so me Nanny dem no lonely
I am not Lauryn Hill so you nago kill me slowly
So we affi juggle pon the side we do it proudly
And me say every likkle youth
Fi a hustle fi d dream go get what you did want
Remember dollars anuh every likkle thing the system is a fraud
Full time poor people collect them reward me wa fi see nuff business card ina everybody yard
And me say big up dung a East
8 Miles Bull Bay a where me come from
Kick the whole a dem outa me way dem ago think a Van Damme
Rebel no apology a fimi slogan
We nuh wa see nuh ones a bawl them affi move militant


Road affi Rough up
Skin too soft better tough up
Poverty no live yaso
Me affi get d status
Affi go for everything me want ina me power
Road Runner every second every hour

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