Tag Archives: Bretton Woods

Slowly but Surely the World is De-Dollarizing

FDR devalued the US dollar in 1933 De-dollarization is becoming more evident today than ever before. Before 1933, the US adhered to the gold standard, which meant that the value of the US dollar was tied to a specific amount of gold. However, facing financial difficulties, President Roosevelt signed Executive Order 6102 on April 5, […]

The History of the Decaying United States Federal Reserve Note

Currency today of the United States is the Federal Reserve Note or often referred to as United States Banknotes. The Federal Reserve Act of 1913 issued these “Notes” as legal tender with the words this note is legal tender for all debts, public and private. These notes are issued to Federal Reserve Banks at the […]

Gold and Silver Is Real Money by the US Constitution

Gold and silver were indeed considered money under the US Constitution, and the Constitution granted Congress the authority to coin money, regulate its value, and specify the standards for coinage. Thomas Jefferson, one of the Founding Fathers of the United States and the third President of the United States had strong opinions about central banking […]

The Fed is Printing Fake Money to Support a Fake System

The term fiat money refers to a currency that has value solely because a government or central authority has declared it to be legal tender. Fiat money is not backed by a physical commodity like gold or silver but rather by trust and confidence in the issuing authority. Fiat money is indeed created by central […]

Our Money

Money by definition is a medium that can be exchanges for goods and services and is used as a measure of their values on the market. Money includes among its forms a commodity such as gold, an officially issued coin or note, or a deposit in a checking account or other readily liquefiable account. Money […]

Brief History of Gold in the United States

From 1879 to 1933 the United States was on a gold standard. There were two forms of money at the time. Paper bills were convertible into gold, and gold was easily converted back to paper bills by the bank. A person could have a $20 bill in their pocket as well as a $20 gold […]

Gold is the Only Currency with a 5,000-year Track Record

Gold has been used as money for thousands of years. Egyptian pharaohs were buried with their gold; the Roman Empire used gold as money during its reign as a world power; Spanish conquistadors pillaged the New World for gold; the California Gold Rush attracted people from all over the world. During times of chaos, many […]

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