In this episode of Swiss Money Secrets, Jess Roberson, Jamie Vrijhof and Urs Droese explore one of the most debated questions in global finance: has the United States ever truly defaulted on its debt? From the 1933 gold revaluation under FDR to the 1971 Nixon shock and the end of Bretton Woods, the team examines how the rules of the monetary system have been quietly rewritten over decades in ways that favored the US government over its creditors. The conversation moves into the present, covering unsustainable debt levels, the decline of foreign treasury bill holders, and the rise of stablecoins as a potential tool for extending US financial dominance. The episode closes with a practical message for American investors on the importance of diversification and protecting purchasing power across generations.