How The Dollar Became Fiat: An Oversimplified History

Fifty years ago today, one of the most momentous events of the 20th century unfolded. But unlike the well-known events frequently told in schools - fall of Berlin wall, Deng Xiaoping opening China, NASA moon landing, the pill, Hiroshima, the Great Depression, Bolshevik revolution, Ferdinand assassination, Wright brothers flight etc - what happened on 15th [...]