Michael Dooley on the International Monetary System and Future of Global Dollar Dominance
Macro Musings with David Beckworth
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What Is the Brentonwood System?
Brentonwood system was designed to undervalue and rapidly industrialize countries. By 19 74, the european and japanese exchange rates were so low that private capital floes could not be sterilized by central bank intervention. This story is very liar to economistsi hope other people that might be watching see the connection. And i want to get to your brentonwoods to system.
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