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Judith G's avatar

He really was a dick, wasn’t he ….

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Phil Davis's avatar

As I mentioned above. he had no choice. The US would have depleted all gold reserves.

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Timmy Taes's avatar

Phil Davis: The US government could have cut its spending by 50% and kept the gold.

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SimulationCommander's avatar

Yes, but the politicians weren't willing to pay that cost.

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Timmy Taes's avatar

SimulationCommander: That is my point. Politicians don't care about us or the future. All the politicians and bureaucrats care about is themselves.

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Peebo Preboskenes's avatar

There was no way to finance Vietnam and our other global empire operations without closing the gold window. It wasn’t Nixon on his own who decided this. It was the entire MIC that required it.

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Sam Ursu's avatar

yes, he was. His Secretary of Agriculture, Earl "Rusty" Butz (I swear, that's his real name), completely obliterated small farms.

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