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You are willingly exaggerating again. There was no gunpoint (!). A minor naval vessel (not a warship) was sent to sit in a New Jersey harbour to make a symbolic point.

So De Gaulle held to gold convertibility. The Bretton Woods system was, after all, gold-based.

by afew (afew(a in a circle)eurotrib_dot_com) on Sun Feb 17th, 2013 at 10:43:30 AM EST
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