6min chapter

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The Reign Of Keynes, Part I — Zach Carter

The Joe Walker Podcast

CHAPTER

Breton Woods' Grand Vision Is of Creating an International Monetary System

The idea that you can use big diplomatic, economic and monetary arrangements to create international harmony is still kind of novel to day. The general theory is about changing the minds of economists about how the economy works. Breton woods is about literally creating a system where countries do not have to be forced into a sort of deflationary strategy in order to meet their expectations on the itenational world.

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