Bretton Woods came apart not formally in 1971 but functionally in the 1960s as the eurodollar system took over the functions of the official reserve currency system; by 1961 (London Gold Pool) and certainly by 1971 the eurodollar had already superseded Bretton Woods.

factualpending

Speaker

Jeff Snider

Evidence Quote

the euro dollar had already taken over all of the roles from Bretton Woods...he had the London Gold pulled all the way back in 1961

Source

The Offshore Global Dollar System | Jeff SniderMoney & Macro Talks
Created: 8/12/2026, 10:39:49 PM

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