“The American dollar's value is not backed by gold.”
The United States dollar has not been backed by gold since 1971, when the U.S. government ended the convertibility of the dollar into gold.
The U.S. dollar operates as a fiat currency, meaning its value is derived from government decree and public trust rather than being redeemable for physical commodities like gold.
Judged as of May 3, 2026— the video's publish date
Domino's Pizza is not closing 250+ locations or filing for Chapter 11 bankruptcy in 2026.
As of early July 2026, a major Popeyes franchisee, Sailormen Inc., which operated 136 locations in Florida and Georgia, filed for Chapter 11 bankruptcy in January 2026 and has since closed or is in the process of closing approximately 33-52 of those locations, not the entire 136 plus.
Duke Energy reported approximately $4.9 billion in net income for 2025 and, as of March 2026, was seeking approval for residential rate increases in North Carolina that were described in filings and public reporting as being up to 18%.
As of March 2026, the year-over-year increase in the Consumer Price Index (CPI-U) was 3.3 percent, which was higher than the previous month and above the Federal Reserve's target of 2.0 percent.
In early 2026, Duke Energy reported approximately $5 billion in net income for 2025, and had proposed an 18% energy rate increase in North Carolina.