DATE OF INCIDENT : 08.15.1971

VICTIM : U.S. DOLLAR & HUMANITY !

STATUS : NO LONGER “GOOD AS GOLD”

In 1971

President Richard Nixon suspended the dollar’s convertibility into gold, severing the final direct link between American currency and a fixed amount of gold.

1971-1974 What followed:

DEBT: $398B → $474B Aka -76.1 FUCKIN BILLION IN 3 YEARS 

INFLATION: 3.3% → 11.1%

GOLD: $35/OZ → CONVERTIBILITY ENDED

WAGES + PRICES: FROZEN

BRETTON WOODS: COLLAPSED

OIL EMBARGO: 1973

NIXON: RESIGNED 1974

 1,090 DAYS LATER

08.15.1971 → 08.09.1974

Nixon just LEAVES ... he was not Impeached Either 
CASE: STILL OPEN !

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