In ten thousand years of human history, gold has never been worth zero.......................
Would this be possible if they did an exchange of “old dollars” for “new dollars” where it would be a 100:1 ratio (or some specific factor),
Then peg a “new” dollar (e.g. silver certificates) to X% of an ounce of gold?
But that is going mean opening up Fort Knox and all other gold depositories for near simultaneous international viewing and accounting..