[politicket]

I can’t debate the de-pegging of the dollar from gold except to ask if that happened in the 70’s...or before.

I believe the US dollar was de-pegged from gold on January 1, 1975.

The futures market is a component of derivatives. Derivatives also include forwards, options, and swaps.

[berdie]

Thank you for the info.

I know that the futures market and the others you mention are very risky. A lot of money to be made. A lot of money to be lost. In the 80’s I seem to remember that market taking a severe hit.

But we are still here. So it could be that a recession is being manipulated by the folks that stand to make a lot of money....or stand to lose a lot.