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by keep_reading 962 days ago
One of the original plans at that meeting was a new world reserve currency, but they gave up control to the American dollar because the USA had control of 2/3 of the world's gold and refused to support the idea of the "bancor"
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Reminds me of the IMF's introduction of Special Drawing Rights (SDR) shortly after Bretton Woods to smooth over any liquidity crisis that might occur.

https://en.wikipedia.org/wiki/Special_drawing_rights?useskin...