Uploaded August 2026 | Updated September 2026, 2 weeks ago
Since the US severed the dollar's last link to gold in 1971, the dollar has lost a large majority of its purchasing power, without any Weimar-style event. Megan King Diaz on why a salary that sounds enormous compared to your grandparents' buys a smaller house in a worse neighbourhood, and why it's the same story just moving more gently.
Watch the full video: youtu.be/RHBCMcTTdOA
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#Shorts #1971 #purchasingpower #dollar #MeganKingDiaz
Since the US severed the dollar's last link to gold in 1971, the dollar has lost a large majority of its purchasing power, without any Weimar-style event. Megan King Diaz on why a salary that sounds enormous compared to your grandparents' buys a smaller house in a worse neighbourhood, and why it's the same story just moving more gently.
Watch the full video: youtu.be/RHBCMcTTdOA
Buy Precious Metals at: goldsilver.com
Learn about Gold & Silver: goldsilver.com/learn
Subscribe to our channel: youtube.com/c/goldsilver?sub_confirmation=1
Get Essential Gold & Silver News—Delivered Twice a Week: goldsilver.com/join-our-newsletter
Follow us on Twitter: twitter.com/GoldSilver_com
Follow us on Facebook: facebook.com/GoldSilverDotCom
As always, thank you for your support. The GoldSilver Team
#Shorts #1971 #purchasingpower #dollar #MeganKingDiaz
