Commodity-Based Money (Gold, Oil) is Undesirable [Eurodollar University, Ep. 230]

The public utility of commodity-based money was in retreat long before President Roosevelt confiscated gold. That has implications as to whether the 1970s Petrodollar was a real monetary system, as well as whether we are moving towards a commodity-based system now, a Bretton Woods 3.

----EP. 230 REFERENCES----
The Root of the Petrodollar Error Is That There Is One: https://bit.ly/39ESnMV
Alhambra Investments Blog: https://bit.ly/2VIC2wWlin
RealClear Markets Essays: https://bit.ly/38tL5a7
Epoch Times Columns: https://bit.ly/39ESkRf

-------THE EPISODES-------
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---------THE TEAM---------
Jeff Snider, Head of Global Investment Research for Alhambra Investments. Master of ceremonies, Emil Kalinowski. Illustrations by David Parkins. Audio and video editor, Terence. Episode intro/outro music is "Timeless Clouds" by Luwaks.

------FIND THE TEAM-------
Jeff: https://twitter.com/JeffSnider_AIP
Emil: https://twitter.com/EmilKalinowski

David: https://DavidParkins.com/
Terence: https://www.VisualFocusMedia.com

Luwaks: https://www.epidemicsound.com/artists/luwaks/
"Timeless Clouds": https://www.epidemicsound.com/track/faCAnWtBPc/