right, gold is the head of usd. every printing money must be guaranteed in the form of gold. I don't think gold will collapse, because it has received a lot of trust from everyone, just many bitcoins say it's hard to collapse, let alone gold. Even if USD collapses, it is not so with gold because all countries have recognized it
Since 1971, entirely Unilateral with its allies at the IMF, the United States has terminated the Bretton Woods Agreement, thus buying money, not in reserve with gold. The era of fiat money emerged.
Many countries experience injustice after the dollar has become an international currency and without gold reserves, Americans can easily obtain dollars to meet their needs and achieve their interests in other countries without the need to calculate their gold reserves.
Because all currencies contain dollars, the price of goods and services also depends on the value of the dollar, so America, the winner of the world war, receives many benefits. The small intrinsic value of dollars can be used to exploit natural and human resources in other countries
We can reverse the situation by not using dollar for cross border payment and we have to use gold-based money again to create complete justice throughout the world.
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