bretton woods 2 called for by europe, page-5

  1. beermee
    2,646 Posts.
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    16/10/08
    14:12
    Post #: 4396607
    right, it instilled the US$ as the reserve currency, but the US$ was gauranteed by gold..... the collapse of bretton woods in 1971 meant that the US$ was no longer backed by gold.....
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    lightbulb Created with Sketch.  Great analysis
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