There is talk thatthe Bretton Woods system is no longer relevant.
The world could change dramatically.
If you imagine abolishing it, there could be a redistribution of the world and financial institutions.
And then those who have resources will stand higher in the world than those who have green paper.
So this system has long been irrelevant. Now there is a modification called the Jamaican system. In Bretton Woods the dollar was backed by gold, since 1976 it is not backed by anything.
By the way, the crisis started in 2008 and is still going on. And the need to revise the Bretton Woods - Jamaica system and adopt plans to overcome the international crisis was even discussed at several G20 summits in 2008-2009.
Brent oil (as well as US WTI) has dropped more than 30% since it peaked above $130 a barrel on 8 March. Given that gold's rally to $2,000 was not least due to a geopolitical risk premium, many are already assessing the possible magnitude of the metal's fall ahead of tomorrow's Fed rate decision.
There is talk thatthe Bretton Woods system is no longer relevant.
The world could change dramatically.
If you imagine abolishing it, there could be a redistribution of the world and financial institutions.
And then those who have resources will stand higher in the world than those who have green paper.
So this system has long been irrelevant. Now there is a modification called the Jamaican system. In Bretton Woods the dollar was backed by gold, since 1976 it is not backed by anything.
On the specifics of the exercise of stock and index options and futures
https://www.moex.com/n45304
Please don't play scouts. Don't make the moderators correct your "very secretive" posts.
This is child's play...Brent oil (as well as US WTI) has dropped more than 30% since it peaked above $130 a barrel on 8 March. Given that gold's rally to $2,000 was not least due to a geopolitical risk premium, many are already assessing the possible magnitude of the metal's fall ahead of tomorrow's Fed rate decision.