|
World needs to prepare for return to gold standard as Washington disrupts financial order
What will "post-dollar era" currencies look like? What currency can replace the status of the dollar?
In fact, this will be a process of continuous trials. It would be hard for the Bretton Woods Conference to succeed in the current era, so the new super currency has to be selected through extensive experimentation.
First of all, digital currencies. Governments in various countries are making efforts in this regard, and market forces have also cultivated various digital currencies like Bitcoin and Libra. But they are far from being universally recognized and trusted by the global markets, and they are also far from winning the support of major economies.
Second, regional currencies including the euro. Politicians around the world actually missed many opportunities after World War II, because world politics seriously disrupted global financial order, but no one would admit it. The result is the weakening status of regional currencies, like the euro.
Then what's left is the gold standard. After the collapse of the Bretton Woods System, the questioning of the gold standard has never stopped.
The gold standard essentially represents a world financial order.
When an old financial order faces collapse, it is necessary to create a new financial order.
When the US decoupled the value of the dollar from gold, it actually committed to take on the responsibility of world finance, based on which a new financial order was formed. It is this financial order that has allowed the US to enjoy huge development dividends.
Now, the US is unwilling to continue assuming and fulfilling such responsibilities for the current world financial order, and Trump has continuously intervened in the operation of the Fed and global financial market order. This development points to the necessity of seeking and building a new financial order, which is the fundamental basis for the re-emergence of the gold standard in the world financial market.
www.globaltimes.cn/content/1162628.shtml
|
| Wertung | Antworten | Thema | Verfasser | letzter Verfasser | letzter Beitrag | |
| 379 | 329.531 | "Wenn das Gold redet, dann schweigt die Welt!" | maba71 | Highländer49 | 01.04.26 16:53 | |
| 55 | 56.705 | Die besten Gold-/Silberminen auf der Welt | Bozkaschi | ubsb55 | 01.04.26 13:49 | |
| 62 | 4.877 | Silber - alles rund um das Mondmetall | Canis Aureus | Canis Aureus | 31.03.26 22:00 | |
| 31 | 21.791 | Gold und weitere interessante Anlagemöglichkeiten. | spgre | Robbi11 | 27.03.26 16:53 | |
| 7 | DMET.NEO (Denarius Metals) | 1ALPHA | 1ALPHA | 05.03.26 14:49 |