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Will We See the U.S. Dollar Backed By Gold Again?
Principles by Ray Dalioยท2025-08-05 13:51

It used to be the case that the US dollar was backed by gold and US government said if you don't like these pieces of paper we'll give you gold and ultimately we we ended that we're never going to go back to that presumably right >> probably presumably that's right but not if you watch these gold c these cycles that because you have the devaluation then um people feel don't have confidence in the fiat system over a period of time and through history they've um at that point. The way that works is you print ...