Unlikely, as it would swiftly be followed by hyper inflation as US dollars are traded less and less and US dollars flood into the USA again. In other words the fed won't simply be able to print more money wile selling bonds overseas. As the fed hasn't held gold for a very long time there would be nothing to peg. Unless they were prepared to exchange gold at $35 again, and were would they get it? Gold bonds possibly? But I doubt anyone would fall for that trick after Nixon ripped off the world. Unfortunately they have removed the safety switch on the economic glock.
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