Oatmeal Joey Arnold (@JoeyArnoldVN)

The gold standard was adopted in 1816. The British pound sterling (GBP) became the world reserve currency. It was later replaced in 1944 with the U.S. Dollar. But they ended up printing more dollars by the 1960s than there were gold which then turned the dollars into blank checks. Because when you get a dollar, you were supposed to be able to go to a bank and get gold for the dollar. That is what the dollar was. An I owe you coupon. It was a check or a placeholder. Going off the gold standard is dangerous. They're moving us towards a great reset.