Gold Analysis: Unlike The Great Financial Crisis, This Will Likely Be The End For Fiat Money Dominance

Summary

• During the 2008 GFC, the monetary system faced a significant challenge. In a gigantic effort to contain the financial crisis, large amounts of US dollars were created by increasing the monetary base.
• By March 2020, the monetary system was again facing a crisis (but with another name). Again, large amounts of U.S. dollars were created to deal with the problem.
• The financial system is still standing, but for how long? Is the remedy of more dollars having the same effect as during the GFC, or is something else happening?

Anthony Bradshaw

During the 2008 Great Financial Crisis (GFC), the monetary system faced a significant challenge. In a gigantic effort to contain the financial crisis, large amounts of U.S. dollars were created by increasing the monetary base.

They were