50 years birthday of FIAT counterfeit money.
Fifty years ago, on August 15, 1971, US President Nixon lifted the dollar's peg to gold. This ended the gold standard that had shaped the monetary system for decades. The day changed the world. Two years later the US also violated its obligations sn according to and thus destroyed the treaty of Bretton Woods.
Since then governments can create currency tokens nicknamed "money" out of nothing and label that to be "value" - while it is nothing. The blinds lead the blind and lecture the seeing about the non-existence of colour and light. Heresy and unbelief gets punished with stigmatization and social isolation. Inflation soars. Debt levels are beyond the good and evil. Collapse looms. In a last bid to delay it some years longer, state-created monsterous crime prospers on a scale that just some decades ago was unimaginable. The crisis has corrupted each and every other field of politics and culture, like blood and bone and liver cancer all in one.
Happy birthday. And avoid the cake, its lethally poisoned.
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If you feel nuts, consult an expert.
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