My husband Ibrahim says at 15:25 of the video, Lynette says We were shifting from a gold back currency to a partially gold back and debt based currency. This is not exactly accurate. What is accurate is that through the debt based fractional reserve system set up in 1913, The new Federal Reserve System was allowed to expand the money supply based on debt while still maintaining the idea that the dollar was fully backed by gold AND silver ( We did not have a Gold Standard we had a Bi-Metal system) In reality the government was still obligated to exchange paper for gold and silver until Roosevelt demanded that United States citizens surrender their gold bouillon in exchange for paper dollars and even though we could not exchange our dollars for gold we could still exchange our dollars for SILVER (a detail that few people talk about) And even after Nixon declared a " temporary" suspension of the convertibility of dollars for Gold OR Silver we still have that same Bi-Metal Standard on the books today. After researching his opinion if find it to be right on the money :)