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- Embed this notice@EvilSandmich @TrevorGoodchild @Hertz @brigrammer @BattleDwarfGimli @PraxisOfEvil @sickburnbro But the government was able to defend the standard, simply by cutting spending and repaying the debt.
But the country was at war and it couldn't do that 🤡
Here comes my belief that I don't see talked about often enough, that the Vietnam war was fabricated precisely to abolish the gold standard. Which is also why the US army wasn't allowed into NV -
>"to avoid a repeat of Korea"
is the reason given by historians, but a repeat of Korea would've aligned with the US' war goals, and surpassed the actual outcome.