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<p>[QUOTE=&quot;fatima, post: 1366822, member: 22143&quot;]de Galle did it because the Federal Reserve dollar was being printed without regard to the gold that was behind it.&nbsp; If they had held the number of $s steady vs the gold supply, then one of two things would have happened.&nbsp;&nbsp; $s would have gotten very expensive and deGalle could not have afforded them in the first place.&nbsp; The USA could not have run up such a trade imbalance.&nbsp; &nbsp; The Gold standard self regulates and it doesn&#039;t matter if the entire world goes to it or not.&nbsp; Bretton Woods was necessary because the $ had already been partially broken from the gold standard. </p><p><br /></p><p>This is all academic&nbsp; as they won&#039;t be considering such a thing again until the current fiat system runs itself into the ground.&nbsp; Well.... not unless the states force their hand.[/QUOTE]</p><p><br /></p>

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