Quote:
Originally Posted by libertylover
At Bretton Woods, NH, the international bankers established the dollar as the "world's
reserve", along with gold (until 1971). It moved the world's money control from London to Wall Street. The meeting created the World Bank and IMF.
When the dollar is dead, the euro will be the new "world's reserve". The "Americas"
(Canada, U.S., Mexico) will compete the "amero" against the "euro". I'm assuming
the money power will move back to Europe.
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No, it created an international structure to address the disaster left behind after WW2. It was NOT an international banking enclave, it was the allied nations getting together to try to get the world on an even keel so that people would not starve.
It was only after the US dropped out from the Gold Standard that things started to go wrong as the dollar became the effective baseline currency and the US started to print dollar bills that were not linked to anything tangible.
There is an issue, it’s not with international bankers, it’s the dishonesty of the US government over the last 30 odd years.
I do however believe that the Euro will become a very important currency in the world and that the almighty dollar will sink to its real value.
Just watch out for the squeals of anguish though when the Americans start to have to live within THEIR means and not off the backs of other people.