Quiz on ” How I Learned To Anticipate The Future By Studying The Past “

1. What was the effect of the United States’ decision to break its promise to let people exchange their dollars for gold in 1971?

A) The stock market crashed.

B) The stock market rose nearly 25%.

C) The value of the dollar increased.

2. What was the reason for the increase in the number of dollars without a corresponding increase in productivity in the US?

A) A decrease in taxes.

B) An increase in government spending.

C) A rise in productivity.

3. What principle did the author learn from his experiences in studying history?

A) To keep a lot of money in stocks, gold, and commodities.

B) To understand what happened before to anticipate the future.

C) To always trust paper money.

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