Trust in Financial Systems

Every financial system is, at its core, a trust architecture. The dollar in your

pocket is not wealth—it is a promise. The treasury note in a foreign vault is not security—it

is faith crystallized into paper. When Nixon closed the gold window in 1971,

he did not merely adjust monetary policy. He replaced a verifiable promise with an

unverifiable one. The system did not collapse because trust transferred—from gold to guns.