The current global trade system was decided upon in a bougie New Hampshire resort called Bretton Woods towards the end of World War II. This is the meeting that laid the foundation for the US as the controller of the world monetary order. This was also where the International Monetary Fund and the World Bank were created. What event kickstarted this global financial system, and how did the US end up on top? Well, I’m gonna break it all down for you.
Today we are talking about the Bretton Woods System and how it was created. This system established the rules for commercial and financial relations among the United States, Canada, Western European countries, Australia, and Japan and based it all on the US Dollar. This led to an increase in value for the USD compared to other currencies. Find out more about the long-lasting effects of the Bretton Woods System during this episode of The Great Reset.
1:24 Bretton Woods System
4:41 Why US Dollars?
5:50 International Monetary Fund
🌲 25 BTC Christmas Giveaway! 🌲
Step 1 ➡️ Sign up for a ByBit Account at:
Step 2 ➡️ Visit https://partner.bybit.com/b/xmas
Step 3 ➡️ Trade on ByBit. Always be responsible with your trading and use stop losses.
Connect with Me & the BitSquad!
Join the BitSquad ➡️ http://t.me/BitSquad
Join the BitBoy Lab ➡️ http://discord.BitBoy.Live
Join BitSquad Traders ➡️ http://t.me/BitSquadTraders
Join Me on Twitter ➡️ https://twitter.com/Bitboy_Crypto
Join Me on Instagram ➡️ https://www.instagram.com/bitboy_crypto
Join Me on TikTok ➡️ https://www.tiktok.com/@factsceo
Best Crypto Products
Buy My BitBoy Collectibles ➡️ https://app.rarible.com/bitboy
Get $50 for Free with a CRO Card ➡️ http://CROcard.BitBoy.Live
Best Hardware Wallet ➡️ http://Ledger.BitBoy.Live
Deep Coin Research ➡️ TM.BitBoy.Live
All of our videos are strictly personal opinions. Please make sure to do your own research. Never take one person’s opinion for financial guidance. There are multiple strategies and not all strategies fit all people. Our videos ARE NOT financial advice.