On this day 50 years ago, one of the momentous events in the 20th century took place. But unlike others 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 … Continue reading How The Dollar Became Fiat: An Oversimplified History