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I don't know about the likelihood of a crash, but the prospect of a "new Bretton Woods" would not be hyperbolic. The Western world is overdue for significant de
by lambdasquirrel 5y ago
I don't know about the likelihood of a crash, but the prospect of a "new Bretton Woods" would not be hyperbolic. The Western world is overdue for significant deleveraging event and they will be seeking the tools to manage it.
- mariodiana 5y agoIf there were a new "Bretton Woods," what would countries tie their currencies to, this time around? Are the people who have ridiculed "gold bugs" going to readopt specie and pretend like nothing happened? I find that hard to believe.
- disambiguation 5y agodigital currency https://www.natlawreview.com/article/federal-reserve-system-takes-first-step-toward-creating-its-own-digital-currency https://www.natlawreview.com/article/federal-reserve-system-...