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**Laqswrnm** · 07-20-2012, 10:18 AM

Bretton Woods was definitely a big turning point, but the hard turn toward (what passes for) money being nothing but debt was in the 30s.

Acceptance of debt in place of real money was voluntary in the '30s and is still voluntary today.

07-20-2012, 10:18 AM	#7
Laqswrnm Join Date Oct 2005 Posts 498 Senior Member	Bretton Woods was definitely a big turning point, but the hard turn toward (what passes for) money being nothing but debt was in the 30s. Acceptance of debt in place of real money was voluntary in the '30s and is still voluntary today.
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