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When did Robert Triffin die?
Robert Triffin died in 1993.
Where Triffin in Neopets?
In shops.
What is Triffin Paradox?
The Triffin dilemma, less commonly called Triffin paradox, is the fundamental problem of the United States dollar's role as reserve currency in the Bretton Woods system, or more generally of a national currency as reserve currency. By the early 1960s, an ounce of gold could be exchanged for $40 in London, even though the price in the U.S. was $35. This difference showed that investors knew the dollar was overvalued and that time was running out. There was a solution to the Triffin dilemma for the U.S.: reduce the number of dollars in circulation by cutting the deficit and raising interest rates to attract dollars back into the country. Triffin Paradox pointed out the basic contradiction in the Bretton Woods system especially when dollar started losing its credibility to convert into gold at the promised rate of $35 per ounce of gold. The contradiction was that only when US ran deficits, could other countries build up forex reserves; but as soon as the US BoP deficits became unsustainably large, other countries lost faith, leading to demise of Bretton Woods in 1971.
When was Robert Daniels born?
Robert Daniel was born in 1936.
When was Didier Robert born?
Didier Robert was born in 1964.
When was Robert Law born?
Robert Laws was born in 1851.
When was Robert Nicoll born?
Robert Nicoll was born in 1814.
When was Robert Barbers born?
Robert Barbers was born in 1944.
When was Robert Spottiswoode born?
Robert Spottiswoode was born in 1596.
When was Robert A. Alexander born?
Robert Alesch was born in 1906.
When was Robert Joseph born?
Robert Josephs was born in 1961.
When was Robert Billings born?
Robert Billing was born in 1834.
