1 Background



On a Sunday in August 1971, U.S. President Richard Nixon sat in the Oval Office, addressing the nation through a television camera, delivering a speech that informed the world that the United States was abandoning the Bretton Woods system, which had maintained the value of the dollar linked to gold for 27 years since World War II.

Ray Dalio, who had just graduated from university at that time.
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PositionPhobiavip
· 6h ago
Gold freedom is no longer existent.
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WinterWarmthCatvip
· 08-06 03:48
Everything has a cycle.
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BearMarketBrovip
· 08-06 03:42
The dollar drives historical changes
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SlowLearnerWangvip
· 08-06 03:42
The starting point is the ending point.
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ForkTonguevip
· 08-06 03:33
A classic historical moment, brother.
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MeltdownSurvivalistvip
· 08-06 03:22
The depeg of the US dollar from gold is a disaster.
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