Indeed, if the U.S. had steadfastly stuck to its commitment to redeem dollars for gold, there would have been little desire among dollar holders to redeem to begin with.
Just as the Bush Administration has been seen as favoring communist central authorities in Moscow over Baltic independence -- and hence has lagged deplorably behind most Western nations in extending recognition -- the U.S. government has steadfastly declined to cross the communist central authorities in Belgrade by actively supporting democratic governments in Croatia and Slovenia.
Steadfastly wedded to its goal of a plebiscite enshrined in the U.N. resolutions of 1949, the APHC has consistently boycotted elections, arguing that participating would imply a recognition of the Indian Constitution.