What we are experiencing is the end of the bretton woods agreement and capital structure implemented following WW2.
Global financial underpinnings and monetary policy were established to setup predictable currency values, pegged to gold and ultimately the US $. How much is 1 franc, 1 Mark, or 1 pound? Compare it to the $. How do [...]
Filed under: Political Economy | Tagged: Financial, gold standard, Soros, US Bretton Woods | 2 Comments »