yes I agree- i was merely pointing out that the argument typically used by macroeconomists (i.e. there isn't enough gold reserves for global trade) is a red herring. It is a matter of price. This is only a hypothetical, not actually what occurred (or could occur) under the constraints of bretton woods.

the system was flawed from the beginning, as more issuance of layer 2 money meant that the money pyramid became more and more top-heavy and thus a run towards base money (gold) would be inevitable.