{"id":63547,"date":"2026-02-18T17:36:57","date_gmt":"2026-02-18T06:36:57","guid":{"rendered":"https:\/\/www.tomgrimshaw.com\/tomsblog\/?p=63547"},"modified":"2026-02-18T17:36:57","modified_gmt":"2026-02-18T06:36:57","slug":"the-coming-changes-in-the-international-monetary-system-dedollarization-massive-public-and-private-debt-levels","status":"publish","type":"post","link":"https:\/\/www.tomgrimshaw.com\/tomsblog\/?p=63547","title":{"rendered":"The coming changes in the International Monetary System: dedollarization, massive public and private debt levels"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-63548\" src=\"https:\/\/www.tomgrimshaw.com\/tomsblog\/wp-content\/uploads\/2026\/02\/Disintegrating_Dollar.png\" alt=\"Disintegrating Dollar\" width=\"1007\" height=\"569\" srcset=\"https:\/\/www.tomgrimshaw.com\/tomsblog\/wp-content\/uploads\/2026\/02\/Disintegrating_Dollar.png 1007w, https:\/\/www.tomgrimshaw.com\/tomsblog\/wp-content\/uploads\/2026\/02\/Disintegrating_Dollar-300x170.png 300w, https:\/\/www.tomgrimshaw.com\/tomsblog\/wp-content\/uploads\/2026\/02\/Disintegrating_Dollar-768x434.png 768w\" sizes=\"auto, (max-width: 767px) 89vw, (max-width: 1000px) 54vw, (max-width: 1071px) 543px, 580px\" \/><\/p>\n<p>What was the Bretton Woods Monetary System?<\/p>\n<p>Why the international monetary system based on a fiat U.S. dollar has provided the United States with some exorbitant economic privileges.<\/p>\n<p>Many central banks have been gradually reducing their stocks of dollar-denominated Treasury bills and bonds in their official reserves relative to gold.<\/p>\n<p>In the United States and in other economies, lax fiscal and monetary policies could trigger financial crises and an important economic downturn.<\/p>\n<p>Finish reading:\u00a0<a href=\"https:\/\/nexusnewsfeed.com\/article\/geopolitics\/the-coming-changes-in-the-international-monetary-system-dedollarization-massive-public-and-private-debt-levels\/\">https:\/\/nexusnewsfeed.com\/article\/geopolitics\/the-coming-changes-in-the-international-monetary-system-dedollarization-massive-public-and-private-debt-levels\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>What was the Bretton Woods Monetary System? Why the international monetary system based on a fiat U.S. dollar has provided the United States with some exorbitant economic privileges. Many central banks have been gradually reducing their stocks of dollar-denominated Treasury bills and bonds in their official reserves relative to gold. In the United States and &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.tomgrimshaw.com\/tomsblog\/?p=63547\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;The coming changes in the International Monetary System: dedollarization, massive public and private debt levels&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,10],"tags":[],"class_list":["post-63547","post","type-post","status-publish","format-standard","hentry","category-general-interest","category-wealth-tips"],"_links":{"self":[{"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/posts\/63547","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63547"}],"version-history":[{"count":1,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/posts\/63547\/revisions"}],"predecessor-version":[{"id":63549,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=\/wp\/v2\/posts\/63547\/revisions\/63549"}],"wp:attachment":[{"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.tomgrimshaw.com\/tomsblog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}