jan 1, 1971 - Gold Standard Dropped | Kissinger

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On August 15, 1971, Kissinger and Schultz running the Nixon administration orchestrate the
removal of the dollar from the gold reserve. Without speculation, it was difficult to conduct the
sorts of economic warfare against nations trying to develop their infrastructure and their
industrial base, which has always been, even going back to the 19th century, a tool used by the
Empire to keep nations destabilized. So, the fixed exchange rate had to go. It guaranteed too
much stability. They created chaos.
Under Carter, the Trilateral Commission takes over. Nearly every member of Carter’s cabinet is
a member of the Trilateral Commission. People like Paul Volcker, who becomes the Fed chair,
calls for a controlled disintegration of the US economy in 1979, which is where the interest rates
are raised to 20% or more for two years, destroying small and medium-sized businesses and
only leading these behemoth multinational companies able to survive and thrive and gobble up
under mergers and acquisitions.
Henry Kissinger describes how he preferred
the Churchill way of thinking about geopolitics
over the Roosevelt idea.
Total admission. They just admit it.

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