President Nixon announces that the US will no longer convert dollars to gold at a fixed value, ending the Bretton Woods system. - Wikipedia

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Establishment of the Bretton Woods System - A detailed essay on an important event in the history of the Federal Reserve.

WhiteandKeynes-The United States Treasury Department was successfully penetrated by nearly a dozen Soviet agents or information sources, including Harold Glasser and his superior, Harry Dexter White, assistant secretary of the treasury and the second most influential official in the department.[1][2] In Late May 1941 Vitaly Pavlov, a 25-year-old NKVD officer, approached White and attempted to secure his assistance to influence U.S. policy towards Japan.

A short introduction to the Bretton Woods System Institutions with particular emphasis on the International Monetary Fund (IMF) and the World Bank.

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Money Subjective Value and Gold - The quasi-gold standard promoted by Steve Forbes and Elizabeth Ames in their new book has more in common with the Bretton Woods system than with the classical gold standard.

2014 Dec . Is the Chinese-led Asian Infrastructure Investment Bank a challenge to the Bretton Woods system? - AJW by The Asahi Shimbun

A landmark system for monetary and exchange rate management established in 1944. The Bretton Woods Agreement was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944. Even as World War II raged on, 730 delegates from the 44 Allied nations attended the conference.

••Nixon/Bretton Woods System 1969-76 era•• article on History.state.gov • Nixon 1971-08-15 New Economic Policy “Nixon shock” announced by depicted Secretary of the Treasury John Connally to stop gold std: program “to create a new prosperity without war” • history: $ value in gold $35/oz but 1960s surplus $ due foreign aid & foreign + military investment ran out of gold - Kennedy + Lyndon tried to sustain Bretton Woods yet investment disincentives + international monetary reform failed

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