Chris Olson

We could go on and on and on about the evils of that type of a system.

And so in the interest of fairness and honesty and honest dealing.

and a proper valuation of what is a thing actually worth, it's going to require a lot more work.

You know, we used to be on a gold standard, which was a result of agreements that were made internationally after World War II, and even before World War II, actually.

But it pegged the value of the dollar to a certain amount of gold.

And that gave everyone dealing in dollars the ability to actually properly account for what is a dollar.

What even is it?

Um, but as usually happens, we just continued to print more dollars than we had the proper amount of gold.

Yeah.

Exactly.

Yep.

The, the expansion of the money supply, all of our unfunded liabilities, uh, other people that, you know, foreign governments that held dollars saw the writing on the wall and they started demanding their gold.

Yeah.

And the gold was flowing out of Fort Knox.

And we had hundreds of tons.

I don't have the exact figures, but we were losing tons, literally, of gold to foreign redemption.

And at some point, someone had a meeting with the president, said, Mr. President, we're... They're emptying the vaults.

They're emptying the vaults.

And, you know, maybe the vaults are empty.

We're not sure.