Inflation: Dollar is worth only 18% of its 1971 value, when the gold standard was dropped by design

Transcribed by Jeff Fenske from The Alex Jones Show, 11/6/09

“Right now, we’re watching the value of our currency drop. We have lost 40% of the value of the United States currency within the last couple of years alone.

If you go back to 1971, since gold has been separated from the U.S. dollar, it’s worth about 18 cents.”

— Ted Anderson, Midas Resources

“This is being done by design.”

— Alex Jones

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