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David Graeber

“Many hold that by floating the dollar, Nixon converted the U.S. currency into pure “fiat money”—mere pieces of paper, intrinsically worthless, that were treated as money only because the United States government insisted that they should be.”

David Graeber, Debt: The First 5,000 Years
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Debt: The First 5,000 Years Debt: The First 5,000 Years by David Graeber
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