The Death of the US Dollar

The German Mark was backed by gold until the end of 1914, much like the USD used to be supported by a gold reserve until 1971 when the US completely abandoned the gold standard. The German mark traded at 1 trillion Marks to 1 USD after the hyperinflation incident in 1923.

Source: https://medium.com/loud-updates/the-death-of-the-us-dollar-e832e26bb627?source=rss——-8—————–cryptocurrency