To be fair, his hand was kind of forced. Other countries were already abandoning Bretton Woods, considering it unfair as it gave the US a disproportionate amoun

To be fair, his hand was kind of forced. Other countries were already abandoning Bretton Woods, considering it unfair as it gave the US a disproportionate amount of power to manipulate its currency. It's similar to the currency value struggles that have been a major fault line in the EU.