Current Live World Spot Prices
Last update: Sat 24th October 2020 06:59 (Melbourne)
Gold: $2,664.31 AUD     $1,901.56 USD Silver: $34.47 AUD     $24.61 USD

Daily Archives: August 7, 2015

The Bretton Woods system and global economic issues

When turmoil strikes world monetary and financial markets, statesmen invariably call for “a new Bretton Woods” to prevent catastrophic economic disorder and defuse political conflict. The very name of the remote New Hampshire town where representatives of 44 nations gathered in July 1944, has become shorthand for enlightened globalisation. The actual story surrounding the historic