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Journey to NutStuff (guest: William Nutting)

The Market Huddle

CHAPTER

The Great Revaluation of the World's Currency

The historic 19 85 plaza cord, signed at the plaza hotel in new york city, was a pe growth agreement. The purpose was to force the united states to devalue its currency due to a current account deficit approaching an estimated three of g d p. So many argue that globalization started from this eventand what's interesting i that this also was the turning point for japan.

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