First published by Money Metals Exchange here: https://www.moneymetals.com/news/2024/09/27/the-dollar-is-smoke-and-mirrors-003496
<p><img src='https://www.moneymetals.com/uploads/content/The-Dollar-Is-Smoke-and-Mirrors.jpg'/></p>At one time, the U.S. monetary system was backed by gold. Now it’s not backed by anything. It&#039;s nothing but smoke and mirrors.