August 15, 1971 marked the ominous day when economic fascism formally came to the United States. It was for these draconian actions that the bastard Richard Nixon should have been impeached, not the trumped up charges relating to Watergate. Economist Murray N. Rothbard lays out the prophetic devastating consequences of Nixon’s fascistic policies implemented on that day in breaking the last ties to the gold standard sustaining the American dollar, initiating decades of a destructive fiat paper currency without any backing except the duplicitous promises of politicians regarding the full faith and credit of the US welfare-warfare State. Wage and … Continue reading Unforeseen Consequences