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Technically, no, but the point wasn't getting the gold. The point was devaluing the dollar. They gathered up all the physical gold and then changed the peg.
Now, they can devalue the dollar much more easily.
Technically, no, but the point wasn't getting the gold. The point was devaluing the dollar. They gathered up all the physical gold and then changed the peg.
Now, they can devalue the dollar much more easily.