In 1971, the dollar was no longer backed by the yellow metal. Despite the fact that the abolition of the gold standard occurred in the United States 52 years ago, the consequences of this decision are still felt throughout the world.
We have prepared a new video in which we will tell you how this event affected the world economy, how the inflation rate changed, what happened to the gold rate and the value of the dollar. And most importantly, we will answer the key questions: which financial tool has become one of the most liquid assets in the world, and which has been losing its value over the last half century.
Click the button and find out why the abolition of the gold standard was a fateful decision for the world economy!