this post was submitted on 21 Jun 2025
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Much of Europe definitely stored their gold in the US during and after WWII due to Bretton Woods, which ended in 1971 when Germany and France wanted its gold back due to the overprinted dollars of the Great Society act of the 60s.
Yes that's certainly true, but Fort Knox being an international gold warehouse doesn't actually impact dollarisation of the world economy and the inevitable transition away from it when/if US power abates