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The U.S. Economy Hasn’t Experienced Anything Like This Since The 1930s (Snyder), page-53

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madamswer

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13/07/20

01:43

Post #: 45813168
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Originally posted by moorookamick ↑

One of the rasons the US dropped the Gold Standard was that DeGaulle asked for the US trade deficit with France to be paid in Gold.

When Nixon eventually pulled the pin on the Gold Standard, Uncle Sam wanted to print billions to get the US out of the economic doldrums caused by the Vietnam War.

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And?

Interesting few snippets of economic history, but none of that addresses my question about what serious alternatives there are to the US dollar for the purpose of world trade.
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