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How Inflation Destroys a Civilization

August 5, 2018
Uncategorized
In 1971, President Nixon severed the final connection between gold and the U.S. dollar. Regular readers know that Bill has long warned of the unseen side effects of this decoupling. This was the rallying cry of what eventually became the largest fast-food strike in U.S. history. It all started in late 2012, when over 100 New York City fast-food workers walked off their jobs, demanding higher wages. Many made minimum wage. They were struggling to make ends meet as rent, utilities, medical care, and the overall…
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