' #Nixonshock ' lesson same

VON DER LEYEN

#worldeconomicforum

Foto van vastgehouden boek

Stond op mijn vorige boek ‘unputdownable’, over dit boek kan ik dat al nu ik op pagina 18 ben, zeggen!

#Aug15_1971 #NixonShock @edinmujagic

The Nixon Shock prepared the ideological inevitability of Bitcoin.
The Trump Shock revealed its practical inevitability.
Together, both shocks stand as historical events that indirectly reinforce Bitcoin’s legitimacy.

#Bitcoin #History #NixonShock #TrumpShock

… It worked before after the #NixonShock. @yanisvaroufakis.bsky.social has been discussing this exact paradox a lot over the last several months.

*Marxist Dad*

The Nixon Shock: How a Secret 1971 Decision Created Today’s Fiat Money System "A factual analysis of the 1971 Nixon Shock, explaining how the U.S. abandoned the gold standard and created the modern fiat currency system."

The Day the Dollar Broke Free: Unpacking the Hidden Legacy of the Nixon Shock
#NixonShock #GoldStandard #FiatCurrency #BrettonWoods #EconomicHistory #USDollar #FactRage #FactRageNews

tglm.us/Raw2A

Du skal ikke være så sikker på det:

#NixonShock #IOUs #SpendingBill #PonziScheme

Now having read about the #NixonShock in some detail, I can see how the #NixonAdministration was able to get away with it all (and reasserted US dominance over the rest of the World). The #TrumpAdministration… hilariously hopes for a similar result. #MichaelHudson #SuperImperialism Ⓐ

'We've been here before."
www.youtube.com/watch?v=lkDX...
#Trump #Tariffs #Economics #RichardNixon #NixonShock

1/
Nixon imposed 10% tariffs in 1971 like Trump did today. What can we learn from this past experience?
Understanding this pivotal moment might shed light on today's trade tensions and their potential long-term financial ripples.
#NixonShock #TrumpTariffs #Economics

Recorded before the 90 day pause, but still some good bits of #economics #history (e.g. #NixonShock of 1971) and some european considerations/perspective.

Original post on hachyderm.io

#YanisVaroufakis: "Many refer to this world — the one in which #GenX grew up — as the #neoliberal era, others associate it with #globalisation, some identify it with #financialisation. It’s all the same thing — the world the #NixonShock begat and which the 2008 financial crash shook to its […]

Since the US dollar left gold in 1971, folks turned to real stuff like houses, now worth $330T! 🏠💰 But hey, is a house's value in its use or what it earns in rent? 🤔 #RealEstate #NixonShock #GoldStandard #InvestmentTrends

Me

I’m writing a book about Bitcoin. Target audience: anyone without deep digital or financial knowledge.
Chapter one: ”What is money actually?”
One of the most important chapters is ”What did Nixon do to the koncept of money?”

Do you know what he did? Please comment!

#bitcoin #nixonshock