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Mind Talk

BigPapaDeFi
BigPapaDeFi

Sep 24, 2022

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4 min read
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The Death of the USD

How the American Dollar Will Collapse

Image created by the Author

The German Mark was backed by gold until the end of 1914, much like the USD used to be supported by a gold reserve until 1971 when the US completely abandoned the gold standard. The German mark traded at 1 trillion Marks to 1 USD after the hyperinflation incident in 1923.

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BigPapaDeFi

BigPapaDeFi

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