U.S. Dollar

The Dollar: America’s Greatest Weapon and Its Achilles’ Heel

January 17, 2025 by David T. Cloft

The U.S. dollar: it’s our crown jewel and our ticking time bomb. For decades, the world has bowed to the almighty greenback, not because they love it, but because they have no choice.

The Dollar’s Detachment from Gold: Historical Precedents and Potential for Collapse

April 16, 2024 by David T. Cloft

The 1970’s decision to detach the U.S. dollar from Gold, known as the Nixon Shock, had far-reaching implications for the dollar’s stability and its role as the world’s reserve currency.