It took half a century (50 years) to grow fourfold to $4.01 trillion.
Then, another tenfold to $41 trillion in 1990.
In 2016, the WGDP totalled about $77.83 trillion.
The Big Leaps began after 1971, when US President Richard Nixon unilaterally delinked the US dollar from the international gold standard.
Now, we have too much $$ chasing too little assets, thus we have serious Asset Bubbles. Too much debt as well thus bubbles not yet burst.
To put the numbers into perspective, the cumulative debt of US households is now $11.4 trillion while Malaysia's household debt is at 89% of our GDP according to latest report.
Will the Gold price (in USD) going up in future? Likely as the value of dollar is weakening by the irresponsible central bankers via printing of money.
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