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<p>[QUOTE=&quot;Tejas, post: 7695108, member: 84905&quot;]Well, it was a promise broken and it certaintly didn&#039;t create financial stability. Also, the problem was not Nixon&#039;s gold shock, but the over-issuance of dollar bills in the 1960s. The over-issuance had bought temporary economic prosperity and paid for a war. War is almost always the reason for the over-issuance (debasement) of money, to come back to the original question.</p><p>With the USD&#039;s status as global reserve currency, the US was able to shift parts of the eventual costs to others. Nobody blames them, but it wasn&#039;t exactly the nicest thing to do either and there is no need to justify it ex post with services provided in WW2.[/QUOTE]</p><p><br /></p>

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