1929, 1999… or 2025? The Fed’s Gambit, the UK's Gold Standard Folly, and the Shadow of Fiscal Dominance
Let’s be real—we’ve been here before.
The 1920s. The late 1990s. And now, 2025. Different decades, same damn game.
The UK, drunk on its own past glory, re-pegged the pound to gold in 1925 at a fantasy exchange rate—forcing an entire economy into deflatio…