The Dollar-Gold Standard’s Lingering Demise

KUALA LUMPUR, Malaysia, September 28 (IPS) - The 1944 Bretton Woods (BW) conference accepted the US demand to use the dollar to settle international financial transactions. This arrangement would require a US balance-of-payments deficit to issue enough dollars.

Read the full story, “The Dollar-Gold Standard’s Lingering Demise”, on globalissues.org →