So here’s a penny it’s copper and in 1964 I was looking at the quarters and Dimes same color so basically in 1964 Dimes quarters and half dollars became Copper and that’s what you were talking About debasement and I think we’re Paying the price for it because I’m Really glad you started with history Because macroeconomics is history you Have to look back in time and every time People did this first was the Chinese They printed paper money and the Chinese Empire collapsed and then when the Romans did the same thing debase the Currency the Roman Empire collapsed so When the IMF made that announcement I Was going oh my God thank God Ralph’s Coming on because are we looking at the End of the American Empire
Are we looking at the end of the American empire? 🇺🇸


