Birdwatch Note Rating
2024-08-10 23:56:38 UTC - HELPFUL
Rated by Participant: 39EF93BEAF565D5F37C221BB37482F7CE3AD4E2D7C9DDFEE24AF31760D6CAA7E
Participant Details
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
All Note Details