The Return of Inflation 50 Years after the Nixon Shock - Are Wage and Price Controls Next?
Channel: Yankee Stacking
Date: 2021-07-19

The return of inflation 50 Years after the "Nixon Shock".  Are wage and price controls next?  Next month marks the 50 year anniversary of the Nixon Shock where President Nixon "temporarily" closed the "Gold Window" to stop the flight of gold from American and let the price float.  Nixon also instituted wage and price controls in an attempt to keep inflation under control.  Is inflation about to go through the roof?  Are wage and price controls lurking in our future?  In this video my local coin shop dealer Tim Marschner of the Coin and Stamp Shop talk about the economic and political realities of the 1970s and how inflation ran out of control.  The Federal Reserve and other central banks around the world have inflated currency to insane levels, and governments don't seem to care about fiscal spending.  Gold and silver stacking are critical ahead of what's coming!

Tim Marschner
The Coin and Stamp Shop (Tim ships!)
300 Granite Street
Manchester, NH 03102
(603) 624-4400

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Music By:  "Three Little Drummers from the George Washington Show" and "Bugle Feature: Pezel Twist from Warlike Musick" by The United States Army Old Guard: https://freemusicarchive.org
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Topics Discussed: silver, gold, inflation, Nixon Shock, wage and price controls, gold window, gold price, coin shop, silver dealer, economy, 1970s, federal reserve, FED, central banks, currency, fiscal spending, silver stacking, hedge, debt, government debt, stacking silver, wealth, stacking gold, precious metals, bullion, stack silver, stack gold, silver bullion, silver coins, constitutional silver, silver eagles, silver maples, gold coins, gold bullion, invest, investing, how to invest

#Silver #Inflation #NixonShock