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Avik Roy @Avik · 15 Aug 2026

55 years ago today, Nixon “temporarily” suspended the dollar’s convertibility into gold, the Nixon Shock. Since then: M2 Supply: $685B → $23.2T U.S. debt: ~$400B → ~$39.8T Nothing is more permanent than a government measure labeled “temporary.” 38 years later, Bitcoin https://t.co/ZvFsEuPWg9
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