Economic Catastrophe and Monetary Big Bang: a quick look at the genealogy of Contemporary Monetary System and its impasse

In some cases in history, if not often, economic catastrophes caused tectonic paradigm shifts in monetary regime. When that happens, an economic catastrophe in one generation could determine the monetary system design of the next generation in one way or another. In other words, in such a case, the new monetary system is designed to cope with the economic problems that have infested the previous generation.