đŸ’„1971: When the Dollar Broke Free đŸ’”

On Aug 15, 1971, Nixon cut the dollar’s link to gold — the “Nixon Shock.”

💣 Bretton Woods ended. The dollar became fiat. Trust replaced gold.

🔍 What Happened:

U.S. printed more dollars than it had gold (war + welfare).

France called the bluff — Nixon shut the gold window.

⚠ Why It Mattered:

No more gold = unlimited money printing.

Debt exploded. Discipline vanished.

‱ 1971: Debt ≈ 35% of GDP

‱ 2024: Debt > 120% of GDP

🌍 Ripple Effect:

Dollar stayed king — but cracks are forming.

Gold, crypto, and Bitcoin are rising as fiat faith fades.

⚡ The Truth:

1971 wasn’t just policy — it was a monetary revolution.

This system runs on belief. And belief can break.

🚹 Is the Dollar Next to Fall?

The biggest monetary shift in history may still be ahead


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