Jesse's Café Américain

"It is rather for us to be here dedicated to the great task remaining before us — that from these honored dead we take increased devotion to that cause for which they gave the last full measure of devotion — that we here highly resolve that these dead shall not have died in vain, that this nation under God shall have a new birth of freedom, and that government of the people, by the people, for the people shall not perish from the earth.” Abraham Lincoln, November 19, 1863

Showing posts with label Bretton Woods II. Show all posts
Showing posts with label Bretton Woods II. Show all posts
29 September 2018

US Debt and the Restraint of a Gold Standard

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Although FDR ended the use of gold in domestic circulation as currency in 1933, the US dollar remained on the gold standard until 1971.   ...
15 September 2018

The Continuing Endgame For Bretton Woods II and the Role of Gold

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“Under this system [Bretton Woods II and the petrodollar], the U.S. is running massive current account deficits to be the source of expor...
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