Topic: Goldbacks

1 chapters across the catalog

The historical trajectory of American banking is traced from the 1787 Constitution to the 1913 establishment of the Federal Reserve and the 1933 shift to a debt-based economy. Current global shifts show three-quarters of the world joining BRICS to move away from the US dollar as the reserve currency. Domestic resistance to Central Bank Digital Currencies (CBDCs) is growing, with Florida Governor Ron DeSantis and Oklahoma legislators moving to prohibit their use while several states begin adopting gold and silver as lawful tender.