USA Defaults & World Debt Explodes
Posted by Orrin Woodward on November 9, 2015
Still wondering if the gold standard really protected the world’s citizens from increased debt? Here is inarguable data that, in 1971, when President Richard Nixon took America off the last vestige of the Gold Standard (when he killed Bretton-Woods agreement), he launched the debt explosion trapping citizens across the civilized world. For without any commodity to restrict the production of paper money, it becomes a 100% Fiat standard that can be produced without restraint. This is a huge win for the Financial Elites by increased profits and prosperity and a huge loss for society’s citizens by the destruction of their wealth and wellbeing.
LIFE Leadership has a plan to help people escape the Financial Matrix by learning the Defense, Offense, and the Playing Field (what’s the Financial Matrix and how to protect your family). Here is the latest data.
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