“Stand up! Be counted!” These are the rallying calls of the motivated and civic-minded young kids – often referred to as millennials – of our country. Their first target? None other than the National Rifle Association (“NRA”,) one of the biggest Goliaths out there. I’ll be the first to admit that I’m impressed. For too long, recent generations have stayed silent while the wealthiest of this nation have ramped up their grotesque money and power grab.
In 1971, President Nixon permanently dislodged the USD from the gold standard, ending nearly forty years of global monetary policy in which the USD was equal to a fixed price for gold. In its place, Nixon decided to introduce a floating currency exchange system called Fiat which remains in place today.
The issue at the root of the American economy is cheap lending practices. When Nixon ended the gold standard in 1971, it marked the end of limitations on borrowing. Since then, corporations have been able to borrow from banks without any quantitative limitation.
We wanted everything for free, and now we are media slaves continually looking for a micro rush of information that pleases us. Everybody is in a personalized media bubble not aware that we are stripped of our humanity peace by peace.