Post Tagged with: "Bretton Woods"

Detlev Schlichter: Forty Years of Paper Money –

Forty years ago today, Nixon closed the gold window, so that the dollar could not be redeemed. That created the global system of paper monies which is now in so much trouble. At the Wall Street Journal, Detlev Schlichter presents Forty Years of Paper Money: The global paper standard has lasted 40 years […]

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