USD ($)


① Officially established as the United States’ legal tender: the Coinage Act of 1792 legislated the dollar standard
Total duration of the monetary system: 234 years.
② Completely detached from the gold standard, fully unanchored credit fiat: the collapse of the Bretton Woods system in 1971, Nixon closed the gold window
Pure fiat from then to now: 55 years, already far exceeding the average lifespan of 27 years.
The dollar’s purchasing power remaining is 3%, meaning cumulative depreciation of 97%.
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