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snot

(11,912 posts)

1. Exactly.

Reply to Celerity (Original post)

Fri Jun 12, 2026, 02:36 PM

Friday

As I understand, Nixon took the dollar off the gold standard in 1971 at least partly in order to make it easier to fund the Viet Nam war; and the dollar's lost value at accelerated rates ever since as we've involved ourselves in one unsuccessful war after another, paying for them by printing too many unbacked dollars, diluting the currency and its value.

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Aftermath: The Economy Is Propped Up by Government Spending [View all] Celerity Friday OP

Exactly. snot Friday #1

Same Thing As Reagan ProfessorGAC Friday #2