I'm not a bitcoin or gold advocate, but I do think that the end of Bretton-Woods was a disaster. It didn't have anything to do with gold, but with the fixed in

I'm not a bitcoin or gold advocate, but I do think that the end of Bretton-Woods was a disaster. It didn't have anything to do with gold, but with the fixed international exchange rates of national currencies. These were only allowed to be changed by an agreement from the commitee: https://en.wikipedia.org/wiki/Bretton_Woods_system#Fixed_exchange_rates https://en.wikipedia.org/wiki/Bretton_Woods_system#Fixed_exc... To me it seems, that having a market driven currency exchange rate creates something like a double pendulum chaotic effect. With both the values of goods and services driven by a market that is also driving the values of the underlying currencies...