Under Bretton Woods, the world accepted the US dollar as reserve currency only because it was redeemable in gold on demand; without gold backing, Bretton Woods would not have happened and no country would have accepted the dollar as its reserves.
causalpending
Speaker
Peter SchiffEvidence Quote
“the only reason that private companies don't provide an alternative is just because of the cost and the main cost is government regulation”
Created: 8/12/2026, 6:49:19 PM
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