Nixon's unilateral suspension of the gold standard was controversial and many predicted the end of the dollar, but 10 years later all US allies were still doing business with the US; the dollar survived and thrived despite the prediction of its demise, suggesting similar resilience is likely for the current US under Trump.

factualpending

Speaker

Brent Johnson

Evidence Quote

You fast forward 10 years and all of the US allies were still doing business with the United States... despite all of the challenges, the US figured out a way to keep it going... those who automatically say there's no way they can keep this going for another 10 or 20 years... I think you got to keep a little bit of an open mind.

Source

Can China Defeat America In The Trade War? | Brent JohnsonAdam Taggart | Thoughtful Money®
Created: 8/11/2026, 6:17:41 AM

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