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Just an FYI, the Bretton Woods system was the gold tied system that lasted until the 70's and was discarded for a fully fiat system. From context it seems you'r
by ChrisRackauckas 8y ago
Just an FYI, the Bretton Woods system was the gold tied system that lasted until the 70's and was discarded for a fully fiat system. From context it seems you're using the reference incorrectly to mean this post gold standard system.
- mikekchar 8y agoThanks for that! All this time I thought that Bretton Woods was the name of the meeting that stopped the gold tied system :-P Like I said, it's not my area of expertise. I appreciate the correction.