1971-1980 post-gold-link devaluation sequence: USD fell against all assets. This is the clean historical experiment for what happens when reserve currency removes hard money anchor — applicable template for any future USD reserve erosion event.
1971-1980 post-gold-link devaluation sequence: USD fell against all assets. This is the clean historical experiment for what happens when reserve currency removes hard money anchor — applicable template for any future USD reserve erosion event.