The Bretton Woods Monetary System (1944 - 1971) Explained in One Minute

After World War 2, it was clear the world needed a new financial system and as such, 44 countries sent delegates to Bretton Woods, New Hampshire to work on just that.

The Bretton Woods system lasted from 1944 to 1971, when Nixon ended it and thereby put the final nail in the coffin of not just the Bretton Woods monetary system but also to gold's monetary role.

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Видео The Bretton Woods Monetary System (1944 - 1971) Explained in One Minute канала One Minute Economics