I think it was something similar to how he screwed with the Pound Sterling.
That’s what I’m thinking, same MO. And, as the price of gold rises, I believe the value of the USD goes down- there’s an inverse relationship. If so, the Russians will have most of the gold, and we, not much. And then if they push the IMF to allow a newly-created ‘default’ currency, they will want it based on gold? And they and the Chinese will want the IMF to allow them to trade their USD stuff into the new currency. I’m really shaky on all this. Just trying to think it thru. So this way, the ChiComs wouldn’t get so hurt with holding so much of US debt. Your thoughts?