@Ece411 I have read Piketty....a landmark work...of course he has his detractors...in the tradition of..
Marx's Das Kapital...but only ever read the first 3 Volumes....and not 4, Theories of Surplus Value (I'm a political economist by training)...from the old Monash Labor Club days! A one time Maoist. Who would believe it!
I guess you're referring to the abolition of the gold standard by Nixon, but going further back, before there was money....there was...... Debt - Updated and Expanded: The First 5,000 Years