In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold.
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"In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold." — Max Keiser #moneywealth
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In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pri…
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In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold. — Max Keiser
About Max Keiser
Max Keiser was a Journalist from United States (1960–present).
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Who said "In 1971, the U.S. 'closed the gold window,' starting an era of global fiat mone…"?
This quote is attributed to Max Keiser, a Journalist from United States.
When did Max Keiser live?
Max Keiser lived from 1960 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.