> This is econolibertarian fan fiction. I guess you never heard of the XDR? it w... | Hacker News

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		blibble 2 days ago \| parent \| context \| favorite \| on: USD share as global reserve currency drops to lowe... > This is econolibertarian fan fiction. I guess you never heard of the XDR? it was tied to gold https://en.wikipedia.org/wiki/Special_drawing_rights#Alterna... ... and could be again, if the US regime continues its incontinence

ajross 2 days ago [–]

SDR valuations were tied to gold when the USD was still gold-based. Needless to say Bretton Woods didn't survive that transition at all. Again, it was a failed (!) experiment, not a recipe to try again. Believing otherwise is fan fiction.

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