Confidential 1974 Memo To Paul Volcker Reveals America’s True Views On Gold, Reserve Currency And "PetroGold"

Just over four years ago, we highlighted a recently declassified top secret 1968 telegram to the Secretary of State from the American Embassy in Paris, in which the big picture thinking behind the creation of the IMF’s Special Drawing Right (rolled out shortly thereafter in 1969), or SDRs, was laid…

Originally posted here:
Confidential 1974 Memo To Paul Volcker Reveals America’s True Views On Gold, Reserve Currency And "PetroGold"

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