The History of Money, Part Three – Change is Comin’
As we continue our look at the history of money and how we arrived at the monetary system we have today, let’s go back to 1944 and the Bretton Woods Conference. This was a gathering of 730 delegates from all 44 allied nations who gathered together in Bretton Woods, New Hampshire, to discuss finance. The goal was to find a way to regulate international trade. The American dollar became kind of the cool kid on the block – it was a means to measure everything else taking place in the world. The rules and regulations discussed at the conference really … Continue reading