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42 sats \ 2 replies \ @kepford 1 Oct 2025 \ parent \ on: Who’s afraid of the Big Bad Wolf? econ

How many times has the US defaulted on the "dollar"?

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0 sats \ 1 reply \ @Undisciplined 1 Oct 2025

I don't recall off the top of my head. I've seen articles where they list them all out.

FDR gold confiscation and revaluation is one
Bretton Woods is another
Nixon suspending gold convertibility is another

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42 sats \ 0 replies \ @kepford 1 Oct 2025

And yet multiple politicians have acted like this never happened. Biden is the one that comes to mind first but I know he's not alone.

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