The global economy is a pyramid scheme | End of the Road (full documentary)

The strength of a nation's currency is based on the strength of that nation's economy, and the American economy is by far the strongest in the world. Accordingly, I have directed the Secretary of the Treasury to take the action necessary to defend the dollar against the speculators. I have directed Secretary Connley to suspend temporarily the convertibility of the dollar into gold or other Reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interest of the United States.

August 15th, 1971, will stand as an important event in economic history for many, many generations. In fact, you know, hundreds of years from now, people will look back to that day.

The sun rises today as it has a million times before. Commuters wake up and travel to their offices to begin the day's work. Farmers tend to their crops. Construction workers build new infrastructure. Today is a day like any other—or is it?

In 2008, the world experienced one of the greatest financial turmoils in history. Markets around the world started crashing, and major financial institutions, once thought to be invincible, started showing signs of collapse. Governments responded quickly, issuing massive bailouts and stimulus packages