"The 1971 Death of Bretton Woods Marked Keynes Monetary Triumph"

Money was cut loose to find its own level, which was invariably, year by year, decade by decade, a lower one... in terms of gold.

Mar 01, 2024

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Housekeeping: Their lead article is attached. It’s great in our opinion…. We’ll send more this weekend

Under the Bretton Woods protocols, the dollar was made convertible into gold at $35 an ounce, while the other leading currencies were made convertible into the dollar .

The collapse of the Bretton Woods system, in 1971 marked Keynes’s monetary triumph…

GoldFix

"The 1971 Death of Bretton Woods Marked Keynes Monetary Triumph"

Money was cut loose to find its own level, which was invariably, year by year, decade by decade, a lower one... in terms of gold.

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