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Bretton Woods

When Owning Gold Was Illegal in America: And Why It Could Be Again

Steve Mariotti | Posted 06.27.2016 | Politics
Steve Mariotti

(source) In 1933, Franklin D. Roosevelt was elected president of the United States by promising to end the Great Depression, which had driven the na...

Once Upon a Time, a GDP Was Born

St. Gallen Symposium | Posted 04.29.2016 | Impact
St. Gallen Symposium

By Caroline Poublan, member of the St. Gallen Symposium's global Leaders of Tomorrow community When 1929 crisis happened, it hit it all hard for the ...

Is the World Bank Snatching Climate Defeat from the Jaws of Victory?

Carl Pope | Posted 04.11.2016 | Green
Carl Pope

While clean energy is cheaper to buy and operate than fossil, it requires more capital at the front end -- because the benefits of free sun and wind flow over time, while the expenses of turbines, panels and batteries come all at once. 

Is Number #2 a Misnomer?

Francis Levy | Posted 08.26.2015 | Comedy
Francis Levy

Traditionally number #1 has been short hand for urination and number #2 for defecation. But whatever regulatory authority is responsible for these designations must reconsider their logic.

Making Sense of Today's Cuban Economy: Promises in the Making

Jose Gabilondo | Posted 06.08.2016 | World
Jose Gabilondo

The exact path remains uncertain, but Cuba's economy is on the move. Bright-eyed capitalists have been thumping their tails since President Obama gave the nod last December to restoring diplomatic relations, but the island's economic model was already in flux.

Capital Ideas That Can Best 'Isms'

Elizabeth L. Littlefield | Posted 05.20.2016 | Politics
Elizabeth L. Littlefield

The victorious nations of World War II emerged from their searing experience with several conclusions about how the world worked. Most of these prov...

A Digital Bretton Woods

Bijan R. Kian | Posted 06.29.2015 | Technology
Bijan R. Kian

The global economy lives on the production, extraction, correlation, analysis, and sale of information. But it has a far greater economic value in the information it gathers on the primary user's preferences, tastes, choices, and lifestyle.

Where Are Today's "Best and Brightest"?

Charles Kolb | Posted 06.27.2015 | Politics
Charles Kolb

Obama may have disliked some of Churchill's activities earlier in his career, but there can be little question that during the West's darkest hour in several centuries, it was Winston Churchill who saved civilization. We face similar challenges today.

Striking Gold: How Anthem Blanchard Is Changing the Way We Look at Currency

Steve Mariotti | Posted 08.20.2014 | Money
Steve Mariotti

Not only are there alternative currencies born every day, but Anthem Blanchard is resurrecting one from the past. Gold -- we wear it, we admire it, but what's all this hype about owning it?

Hawaii: A Microcosm of the 1914 World

Richard Ha | Posted 04.21.2014 | Hawaii
Richard Ha

Let's not go through 30 or more years of crisis and disaster. Let's learn from the past, and from what others are doing around us. Let's all pull together and think on a bigger scale.

August 15, 1971

Charles Kolb | Posted 01.23.2014 | Business
Charles Kolb

What happened on that late-summer day? It was a Sunday, and President Richard Nixon suspended convertability of the US dollar into gold, effectively ending the 25-year Bretton Woods era of fixed currency exchange rates against the US dollar.

New England's Best Family Skiing

Liftopia | Posted 02.28.2013 | Travel
Liftopia

k. Another nod to Okemo is their superior ski area food, from Asian at the summit, Waffles on the slopes, to woodfired flatbreads, signature martinis and s'mores by the fire for the kids at Coleman Brook Tavern

Global Debt Crisis: Can a Collective Currency Devaluation Do the Trick?

Wael Nawara | Posted 11.02.2011 | World
Wael Nawara

Some brave economists have made it clear that we need a new International Monetary System, a "New Bretton Woods" sort of agreement in order to solve things in the long term. But still, what do we do with the existing debt crisis?

Fears Of Downward Spiral Renewed By Declining U.S. Dollar

Posted 07.04.2011 | Business

(Mike Dolan) - Years of angst about a self-feeding downward spiral of the U.S. dollar and Treasury bond prices were swept aside when the credit crisis...

Simon Johnson: Could Goldman Sachs Fail?

baselinescenario.com | Posted 06.14.2011 | Business

If Goldman Sachs were to hit a hypothetical financial rock, would they be allowed to fail -- to go bankrupt as did Lehman -- or would they and their c...

Gordon Brown: Global Economy Still Not at a New Normal, Still Evolving, Shocks Ahead

Steve Clemons | Posted 06.10.2011 | World
Steve Clemons

Brown demonstrates something that we have seen before in the likes of John Kerry and Al Gore. Each was too cautious, too pruned and too stiff when running to secure the highest office in their respective lands.

New Economic Thinking Conference To Shatter Illusion of Control

Steve Clemons | Posted 06.07.2011 | Politics
Steve Clemons

As INET Executive Director Rob Johnson said, "last year's conference punctured the mystique of market stability (not to mention real events). This year, the conference will shatter the illusion of control."

Brazil's Dilma in Crossfire of US-China Currency War

Eric Ehrmann | Posted 05.25.2011 | World
Eric Ehrmann

Brazil has joined China, France and Germany in the call for a coordinated global effort to replace the foundering dollar as the major world reserve currency.

Can't Wait for Fall Foliage? You Don't Have to.

Tiffany Hawk | Posted 05.25.2011 | Travel
Tiffany Hawk

2010-09-01-brettonwoods.jpgHere are the five most interesting trip options I came across while making leaf-peeping plans.

Response to David Stockman's 'Four Defamations of the Apocalypse'

Warren Mosler | Posted 05.25.2011 | Politics
Warren Mosler

David Stockman, a director of the Office of Management and Budget under President Ronald Reagan, is working on a book about the financial crisis and r...

Dancing With Davos: The World Bank and the IMF

Eric Ehrmann | Posted 05.25.2011 | World
Eric Ehrmann

The good guys are the free marketeers who reform, redesign and rebuild civilization at the World Economic Forum.

Are Fixed Exchange Rates Coming Back?

Ian Fletcher | Posted 05.25.2011 | Business
Ian Fletcher

Fixed exchange rates are quite likely America's best bet to avoid being victimized by exchange-rate manipulation on the part of other nations.

Microsoft's Actions Show America's True Colors in China

Ann Pettifor | Posted 05.25.2011 | World
Ann Pettifor

American consumers and corporations like Microsoft have helped create China's massive surplus by investing in China, or by spending their incomes buying Chinese and other Asian goods.

George Soros: New Bretton Woods Needed To Reinvent The Global Financial System

Project Syndicate | George Soros | Posted 05.25.2011 | Business

NEW YORK -- Twenty years after the fall of the Berlin Wall and the collapse of communism, the world is facing another stark choice between two fundame...

US Treasury's Gold Valued: US Gold Reserves Total $288 Billion, According To Market PRICE

Washington Post / Big Money | Martha C. White | Posted 05.25.2011 | Home

Buried in the Treasury's International Reserve Position report is an intriguing bit of math. The document details the total amount, by weight, of the ...