Terms

Global Monetary Reset

Abbreviation
GMR

When the world changes its monetary system.

Occur every 30 to 40 years

Three Previous GMRs

1914 GMR - WW1 - The world abandoned gold standard to finance WW1

1944 GMR - World returns to gold standard after Bretton Woods Conference

1971 GMR - The US abandoned the gold standard. The world moved to floating exchange rates and fiat currencies