Nixon (1971)
Edition
1
of
1
Royalties
About this artwork
“I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interests of the United States.”
So it began. On that day in August 1971, Nixon effectively ended the Bretton Woods system. Since then, citizens became trapped in a repeating cycle of booms and busts fueled by debt and money printing. Debt slavery became the way of the future.
1971 is a tremendously important year for monetary history and why Bitcoin is needed to fix the money.
Nixon (1971) is should serve as an eerie reminder of monetary history and why governments should not be blindly trusted with our money.
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@m3tavers3
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Nixon (1971)
@VictorLibertas
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Nixon (1971)
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About this artwork
“I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interests of the United States.”
So it began. On that day in August 1971, Nixon effectively ended the Bretton Woods system. Since then, citizens became trapped in a repeating cycle of booms and busts fueled by debt and money printing. Debt slavery became the way of the future.
1971 is a tremendously important year for monetary history and why Bitcoin is needed to fix the money.
Nixon (1971) is should serve as an eerie reminder of monetary history and why governments should not be blindly trusted with our money.
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