Commodity-Based Money (Gold, Oil) is Undesirable [Eurodollar University, Ep. 230]

Eurodollar University · May 9, 2022 · 24m

The public utility of commodity-based money was in retreat long before President Roosevelt confiscated gold. That has implications as to whether the 1970s Petrodollar was a real monetary system, as well as whether we are moving towards a commodity-based system now, a Bretton Woods 3.

----EP. 230 REFERENCES----

The Root of the Petrodollar Error Is That There Is One: https://bit.ly/39ESnMV

Alhambra Investments Blog: https://bit.ly/2VIC2wWlin

RealClear Markets Essays: https://bit.ly/38tL5a7

Epoch Times Columns: https://bit.ly/39ESkRf

-------THE EPISODES-------

YouTube: https://bit.ly/310yisL…