Well we used to have a gold/silver backed global currency .... the US dollar until that great and beloved US president LBJ killed it in 1968. Nice to see everyone cheering LBJ’s devaluing the dollar, the great and wonderful LBJ that built our Great Society of today.
FDR made the gut shot in 1931 and let it writhe in agony, until LBJ finally made the head shot in 1968.