1944’s Bretton Woods Agreement had the original intention of smoothing out economic conflict after World War II. Howver, the actual outcome – replacing of the gold standard with the dollar standard – ended up causing far more problems throughout the years, as today’s falling dollar will show.
November 29th, 2006 | Addison Wiggin | 2 comments | ContinuedArchive for Addison Wiggin
Editorial director of The Daily Reckoning, Addison Wiggin is also the author, with Bill Bonner, of the international bestseller Financial Reckoning Day and a frequent guest on national US radio and television programs. Look for the sequel to Financial Reckoning Day, Empire of Debt (John Wiley & Sons) in October, 2005.
