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Reflection

There is one thing that evades me, however; proper interaction with others interested in this 'big picture' thinking. It reflects a prior reluctance on my part to share what I write, other than passively publishing on this site. That reluctance is beginning to fade (thankfully), as I reach firmer conclusions about who I am (an investing, thinky type) and what I have to offer (legible English, quirky subjects and half decent interweb skills). It explains why I have a 'contributors' page. This ain't meant to be a one man mission!

1 min
Tag

Politics

Your Money's no Good Here!
July 30, 2021
All is not what it seems, especially when you develop a strange fascination with assets, Nixon and monetary history. Jack attempts to settle his bill with a dollar from 1980 (when the film was released). But the barman, a figment of the 1920s, does not equate Jack's money with his own. How so? The clue is in the name; The Gold Room. The barman cannot accept 1980 dollars because they are a very different beast to 1920s dollars; they are no longer redeemable in gold.
2 mins
Welcome to Nixonland
June 3, 2021
So what is his legacy? It is more significant, and more subtle, than you might think. The Watergate scandal etched his name in history. 'Nixon Goes to China' was a political masterstroke. But the key decision, one that is touched only briefly in the book, took place in 1971. In that tumultuous year Nixon decoupled the US dollar from gold.