Vikas's Post

Game of petrodollar Part - 2 The story of modern global finance isn’t just about numbers—it’s a tale of "hard money," calculated geopolitical shifts, and the rise of the U.S. Dollar as the world’s financial anchor. From the secret deals of the 1970s to the modern fight for "De-dollarization," we explore how money became the ultimate weapon of war. Chapter 1: The Fall of Gold (1934–1971) The road to our current system began with a radical step. In 1934, FDR devalued the dollar against gold to jumpstart the economy. By 1944, the Bretton Woods Agreement made the Dollar "King," promising it was "as good as gold" at $35 an ounce. But as the U.S. printed more money for war and welfare, countries like France began to doubt that promise. In 1971, the Nixon Shock changed everything: the gold window closed, and the era of "Faith-based" Fiat money began.

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This post was published on 21st April, 2026 by Vikas on his Instagram handle "@vikasvaid_vhw (Vikas Vaid)". Vikas has total 82.9K followers on Instagram and has a total of 466 post.This post has received 22 Likes which are lower than the average likes that Vikas gets. Vikas receives an average engagement rate of 0.04% per post on Instagram. This post has received 0 comments which are lower than the average comments that Vikas gets. Overall the engagement rate for this post was lower than the average for the profile.