Birdwatch Archive

Birdwatch Note Rating

2024-08-11 08:50:01 UTC - HELPFUL

Rated by Participant: 197BC1F6C64DD3EB166FECC2B15178B2C9CF2B73D9EC7DEC94AE65C323CC2D0D
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Original Note:

French gold reserves were build during a late phase of the Bretton Woods monetary system (1960s). France sold its US-Dollar reserves for gold. ‪This is also the reason why Germany has even bigger gold reserves, despite never having a colonial empire comparable to France. https://www.veracash.com/fr/blog/histoire-des-reserves-or-de-la-france-etalon-or-a-nos-jours ‪https://www.elibrary.imf.org/configurable/content/journals$002f001$002f1994$002f128$002farticle-A001-en.xml?t:ac=journals%24002f001%24002f1994%24002f128%24002farticle-A001-en.xml‬

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