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.