Category: Bretton Woods
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1971
WTF Happened In 1971?” focuses on the pivotal economic changes following President Nixon’s suspension of the dollar’s convertibility into gold, effectively ending the gold standard and marking a significant moment in modern economic history. This shift has been linked to rising inequality, soaring debt levels, and the growing influence of the financial industry, contrasting sharply with the…
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The Pro Argument
Money & Macro suggests that Trump is demanding a new global order that categorizes countries based on their economic relationship with the U.S. The narrative also highlights Trump’s focus on reindustrializing America to counter the perceived threat of deindustrialization and to strengthen the country’s position against competitors like China. The Bretton Woods system, which linked…