Mike Maloney

  In Global, Mike Maloney

The Biggest Event In World History – WTF Happened in 1971?

Mike was recently alerted to an excellent website by a friend: wtfhappenedin1971.com It is a simple site, that presents chart after chart showing the impact of a decision made by the Nixon administration in 1971.

It was a decision that is probably the biggest event in the history of the United States – yet it is never mentioned in schools, history books, or economic forums. So, WTF happened in 1971?

This was when Nixon took us off the Bretton Woods Gold backed real money and went to fiat currency….