Afleveringen
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The conversation discussed the Bretton Woods system and its importance in the post-war economy. In 1944, 44 countries signed an agreement at the Bretton Woods Conference in New Hampshire, USA, to create a new global financial system centered on the US dollar and established the International Monetary Fund (IMF) and the World Bank. However, over time, the system faced challenges and ended in 1971, leading to the emergence of a floating exchange rate system. The article also explored the role of stablecoins and cryptocurrencies in the modern financial system, emphasized the importance of trust and transparency, and proposed the need for global cooperation to build a new financial system.
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