Monday, December 5, 2011

ViDEO: Harry Browne - The Coming Devaluation

Insightful economic conversation (taped 9-3-70) remains relevant today.
Note Mr. Browne predicts that, "as an act of economic desperation," our government will have to "renege on their promise to foreign governments to pay one ounce of gold for every $35 turned in at the Treasury." On August 15, 1971, the Nixon Administration did so.

1 comment:

  1. Wow. This was AMAZING. My god, Harry looks so great! And he really did have a mind like a RAZOR. I re-listen to his material all the time and I wonder what his specific take would be on current events...

    Thank you so much for sharing this. And PLEASE look for more rare Harry Browne material. You're awesome.