Tuesday, November 13, 2007

The Return of Charles DeGaulle and Jaques Rueff

Adrian Ash gives us a short history of Charles DeGaulle's (CDG) interactions with Uncle Sam and Uncle's various "Minsters of Finance" from 1965 to 1972, at http://www.gold-eagle.com/, 10 November.

I remember CDG's February 1965 press conference and being taught "DeGaulle was a bad man". Why? Becuase he wanted gold, not dollars. CDG was right, dollar holders were wrong. Ash asks, "Are we now facing the final endgame in America's post-war monetary dominance?" It looks that way to me.

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