In our last episode of The Great Reset, we learned that the Bretton Woods system created the first global financial order, and solidified America as the dominant economic superpower. This was a great situation for the US, but like they say, “All good things must come to an end.” The Bretton Woods system was no exception. So what happened to the Bretton Woods system? How did this new world order collapse?
In this episode, we are talking about the Bretton Woods system and how it came to an end. This introduced us to our current monetary system, which is again failing us. We’ll talk about the role that the International Monetary Fund (IMF) plays in this process and what they plan to do in the future. Find out all you need to know about global economics history in this series.
1:14 The Great Reset
2:05 Special Drawing Rights
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