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The American Empire in a Changing World



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Sunday, November 4, 2012

''Global Reserve Currencies, the Triffin dilemma and gold's role''

From MineWeb
By Richard Mills

''Today no country is on a gold standard and all currencies are fiat. If a future fiat global currency were to be put in place without full, or at least a hefty partial gold backing, then we'd simply be repeating Bretton Woods - the 1944 US dollar failed reserve currency experiment - except it'd be on a much grander scale.''

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