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Our Nation’s Founding Fathers Laid the Foundation for a Strong Gold-Backed Dollar
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Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.1 Articles
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Our Nation’s Founding Fathers Laid the Foundation for a Strong Gold-Backed Dollar
For almost 200 years after the nation’s founding in the Declaration of Independence, the U.S. could brag about having the world’s strongest long-term currency, with hardly any inflation until the 1960s, the decade when President Lyndon B. Johnson took silver out of our coins. Then, Nixon closed the gold window in 1971. This debasement of our currency was a natural outgrowth of excessive spending by LBJ and by every President and Congress of both…
·Washington, United States
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Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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