You are viewing a single comment's thread from:

RE: LeoThread 2025-08-05 22:42

in LeoFinance2 months ago

The Federal Reserve Act in 1913 introduced The Fed, and a federal income tax was implemented. Another key moment was on August 15, 1971, when Nixon ended the gold standard, following earlier steps that led to this decision.

Sort:  

Can anyone identify the precise moment when society seemed to take a significant downturn?