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Your dollar isn't worth the paper it's written on. Literally. There's nothing backing your dollars, euros or yen, nothing but the ...
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... to merely representing those valuable substances (commodity-backed money), to not representing anything at all (
Money creation "out of thin air" and its consequences, explained by Prof. Dr. Franz Hörmann from the 3sat program "über:morgen ...
Chapters ▷ 00:00 – Intro ▷ 03:36 – Bretton Woods (1944) ▷ 05:35 – Nixon shock (1971) ▷ 07:53 –
Is returning to the gold standard something that could fix the economic issues we are facing today? This video was made possible ...
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