The post Lessons from the Gold Standard’s Collapse appeared on BitcoinEthereumNews.com. Bitcoin A striking new short film from Bitcoin media outlet TFCT paints a sobering picture of modern society – one built on debt, inflation, and broken promises. The message is simple: when the U.S. abandoned the gold standard, it set in motion decades of decline that reshaped families, culture, and the economy itself. The Day Everything Changed The video marks the anniversary of President Richard Nixon’s decision to end the dollar’s convertibility to gold, closing what was known as the “gold window.” In the dramatization, a grandfather reflects on that pivotal moment while speaking to his grandson, explaining that gold once acted as a safeguard against reckless spending. A society in decline… The effects of leaving the Gold Standard: pic.twitter.com/VUVXiktq9k — TFTC (@TFTC21) August 19, 2025 “It kept them honest,” he laments, suggesting that the discipline imposed by gold-backed money prevented governments from endlessly printing paper currency and financing costly wars. From One Paycheck Households to Endless Debt Generations before the gold standard’s end often lived in a world where one income could sustain a household, dinners were shared at the table, and saving was considered a virtue. The film argues that this reality began to unravel once fiat money took over. Without the restraint of gold, governments printed freely, debts exploded, and the purchasing power of wages steadily eroded. Families adjusted by working longer hours, taking on multiple jobs, and relying more on credit. What followed was a cultural shift toward consumerism, rising divorce rates, falling birth rates, and households increasingly dependent on debt just to stay afloat. A Nation in Decline The video does not shy away from blunt imagery. It highlights how inflation and financial instability forced parents to outsource child-rearing to schools and television, while younger generations turned to entertainment, antidepressants, and even gambling as coping… The post Lessons from the Gold Standard’s Collapse appeared on BitcoinEthereumNews.com. Bitcoin A striking new short film from Bitcoin media outlet TFCT paints a sobering picture of modern society – one built on debt, inflation, and broken promises. The message is simple: when the U.S. abandoned the gold standard, it set in motion decades of decline that reshaped families, culture, and the economy itself. The Day Everything Changed The video marks the anniversary of President Richard Nixon’s decision to end the dollar’s convertibility to gold, closing what was known as the “gold window.” In the dramatization, a grandfather reflects on that pivotal moment while speaking to his grandson, explaining that gold once acted as a safeguard against reckless spending. A society in decline… The effects of leaving the Gold Standard: pic.twitter.com/VUVXiktq9k — TFTC (@TFTC21) August 19, 2025 “It kept them honest,” he laments, suggesting that the discipline imposed by gold-backed money prevented governments from endlessly printing paper currency and financing costly wars. From One Paycheck Households to Endless Debt Generations before the gold standard’s end often lived in a world where one income could sustain a household, dinners were shared at the table, and saving was considered a virtue. The film argues that this reality began to unravel once fiat money took over. Without the restraint of gold, governments printed freely, debts exploded, and the purchasing power of wages steadily eroded. Families adjusted by working longer hours, taking on multiple jobs, and relying more on credit. What followed was a cultural shift toward consumerism, rising divorce rates, falling birth rates, and households increasingly dependent on debt just to stay afloat. A Nation in Decline The video does not shy away from blunt imagery. It highlights how inflation and financial instability forced parents to outsource child-rearing to schools and television, while younger generations turned to entertainment, antidepressants, and even gambling as coping…