Bretton Woods 1944-1971

In 1944 at Bretton Woods in the USA a new model of the world economy that would provide postwar stability and prosperity was devised. However, the compromises and plans of the USA meant that the system created a fatal flaw, leaving it to unravel by 1971. Become a member at https://plus.acast.com/s/explaininghistory. Hosted on Acast. See acast.com/privacy for more information.