Winston Churchill once said “The further you can look into the past, the further you can see into the future.”
In this episode I explain some key historical events that impacted how the world went from believing in REAL money being GOLD and SILVER to the current Monetary system that is based purely on confidence
HERE IS WHAT WE'LL TALK ABOUT:
- How money was exchanged in the early 1900’s
- What is a claim cheque?
- How WW1 and WW2 changed the course of the monetary system
- Who owns the most gold in the world?
- What happened in Brenton Woods, New Hampshire
- What happened in 1971 that created the current monetary system
- Where does the government get its money from?
- What is a BOND and how it steals wealth from future generations
If you enjoyed this episode I encourage you to watch Mike Maloney’s YouTube Series The Hidden Secrets of Money.