Special Report on
Bretton Woods system
Bretton Woods system - Trends
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The only solution to the current crisis lies in the transformation of the existing international monetary and financial architecture. Unfortunately, economic theory has become disconnected from history. Much of the present malaise has been the result of historical amnesia and myopia. As the historical memories of ... technology research, surveys study and trend statistics
Initially, the value of goods was expressed in terms of other goods, i.e. an economy based on barter between individual market participants. The obvious limitations of such a system encouraged establishing more generally accepted means of exchange at a fairly early stage in history, to set a common benchmark of value. In different economies, everything from teeth to feathers to pretty stones ... Read More
SURVEY RESULTS FOR
BRETTON WOODS SYSTEM
- cashconspiracy After WWII, the US created the Bretton Woods System, which set the value of the U.S. dollar to 1/35th of a troy ounce (888.671 mg) of gold.
- hatiara Published a new blog post: Foreign Exchange Market: Currency, Exchange Rate, Bretton Woods System, Foreign Exchange... http://bit.ly/bWh30M
The Smithsonian International Monetary Negotiations of 1971
Paulson's Hyperinflationary Folly! Endless Bailouts. The Current Economic System is Doomed.