The collapse of the Bretton Woods system and the rapid depreciation of the US dollar have led to significant changes in the global monetary order. This shift has impacted international trade, capital flows, and economic stability worldwide, prompting countries to reconsider their monetary policies and reserve strategies in response to the evolving financial landscape.

2026-02-09 04:53:16

In 1971, the US dollar stopped being backed by 1 gram of gold
Now nearly 55 years later
1g of gold = $140
In 55 years, it has depreciated by 140 times
Annual depreciation rate of 9%-10%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.