RE: photos that prove Afghanistan is one the most beautiful places on earth.
September 4, 2021 at 3:57 am
(This post was last modified: September 4, 2021 at 3:58 am by Fake Messiah.)
(September 4, 2021 at 1:49 am)WinterHold Wrote:(September 4, 2021 at 1:11 am)Fake Messiah Wrote: The gold standard was abandoned back during WW1 when production overwhelmed gold stocks, and when nations tried to go back to the gold standard it was obvious that it didn't work anymore, and instead used market exchange rates and production to base money currency rates.
Is this guy for real?
https://www.history.com/this-day-in-hist...d-standard
He is real, it's just that you don't understand what you read. Nixon ended The Bretton Woods system
Quote:World War I effectively ended the real international gold standard. Most belligerent nations suspended the free convertibility of gold.The United States, even after its entry into the war, maintained convertibility but embargoed gold exports. For a few years after the end of the war, most countries had inconvertible national paper standards—inconvertible in that paper money was not convertible into gold or silver. The exchange rate between any two currencies was a market rate that fluctuated from time to time.
...
The Bretton Woods system of fixed exchange rates appeared doomed. Governments and central banks tried for years to find a way to extend its life, but they could not agree on a solution. The end came on Aug. 15, 1971, when Pres. Richard M. Nixon announced that the United States would no longer sell gold.
https://www.britannica.com/topic/money/T...ne-of-gold
teachings of the Bible are so muddled and self-contradictory that it was possible for Christians to happily burn heretics alive for five long centuries. It was even possible for the most venerated patriarchs of the Church, like St. Augustine and St. Thomas Aquinas, to conclude that heretics should be tortured (Augustine) or killed outright (Aquinas). Martin Luther and John Calvin advocated the wholesale murder of heretics, apostates, Jews, and witches. - Sam Harris, "Letter To A Christian Nation"