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From Solid Ground to Quicksand – The U.S. Dollar

Inflation in the economy changes your money’s purchasing power from strong to weak.

From solid ground to quicksand.

Imagine building a society on ground that slowly turns to quicksand.

U.S. monetary history:

  • 1913: Creation of the Federal Reserve
  • 1933: Abandonment of the Gold Standard for U.S. Dollars
  • 1971: President Nixon ended the convertibility of dollars to gold for foreign governments

Stats: ChatGPT

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Pay With Lightning pill shaped image with orange Bitcoin Lightning logo.
Pay With Bitcoin pill shaped image with orange Bitcoin logo.