The disintegration of the Bretton Woods system, resulting in national currencies getting away from the dollar link, and establishing the floating exchange rate system.

布雷顿森林体系的解体，导致各国货币和美元脱钩，并建立了浮动汇率制。

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Ever since President Richard Nixon in 1971 killed the Bretton Woods international monetary system by breaking the link between the dollar and gold, the U.S. economy has experienced slower growth, higher average inflation, higher unemployment rates, more bank failures and a series of financial crises that, in total, have reduced our income by about a third.

FORBES: An International Gold Standard Beats The Rule Of The Governing Elite