Media Asset
Author:
Jonathan Newman
Online Publish Date:
In 1971, Nixon used a fiscal crisis to justify severing the dollar’s last connection to gold. It was the same old story: “we must vastly expand government power because of a ‘crisis.’” The government never gives up these new powers. Original Article: “ How Nixon and FDR Used “Crises” to Destroy the Dollar’s Links to Gold “ This Audio Mises Wire is