The FDR administration two of the Treasury architects of Bretton Woods were Russian agents. One of them, FDR's chief economist, had his US passport and US citiz

The FDR administration two of the Treasury architects of Bretton Woods were Russian agents. One of them, FDR's chief economist, had his US passport and US citizenship revoked. He lived the remainder of his life in Columbia, presumably helping with their "monetary policy success". Don't forget Nixon shock though. That was basically undoing Bretton Woods, but in an incompetent fashion that was amplified by low interest rate induced inflation, and produced "stagflation". https://en.wikipedia.org/wiki/Nixon_shock https://en.wikipedia.org/wiki/Nixon_shock The smartest guy we had was probably Lawrence Summers.