*The Bretton Woods Transcripts*

That is the new eBook edited by Kurt Schuler and Andrew Rosenberg.  I cannot open the file they sent along to me, but Amazon summarizes:

The Bretton Woods Transcripts is the confidential, verbatim record of meetings of the historic conference that established the International Monetary Fund and the World Bank. The Bretton Woods conference, named after the New Hampshire town where the conference was held in July 1944, began a new era in international economic cooperation that continues today. Delegates from 44 countries attended the conference. The best known then and now was John Maynard Keynes, the most influential economist of the 20th century.

A companion Web site for the book contains extensive background material, including photos of the original transcripts and previously unreleased conference documents: http://www.centerforfinancialstability.org/brettonwoods.php


Maybe something for the Markets in Everything posts: http://www.nobility.co.uk/index.php?dispatch=categories.view&category_id=2
A market for nobility titles in the UK some of which included an acre plot of land or even tickets to the annual ball.

They look like "Lord of the Manor" titles i.e. not "nobility titles" at all.

Nevertheless, titles were for sale under Blair, no?

Harry Dexter White, representing the U.S., was more or less of a Soviet agent as well, but he seems to have done a good job for the U.S. Or maybe this book will reveal differently?

Harry Dexter White was always an agent for certain American proto-Banksters, industrialists and left-wing intellectuals, who, at one time, believed the Soviet Union could be very useful to them. He served his masters quite well. Shame about the heart, attack. One of history's wackier coincidences, no doubt.

what might have been...

During the course of the war, Keynes was at the Treasury and set himself to think about the post-war economic order. In 1938, he had warmed up to Benjamin Graham's proposals for an international "commodity-reserve" currency to replace the Gold Standard. In 1943, Keynes forged his ideas for "Bancor", a proposal for an international clearing union. In consultation with the Americans, Keynes eventually relented on his idea and accepted the American "White Plan" for an international equalization "fund" held in the currencies of the participating nations. However, several essential aspects of Keynes's clearing union idea were incorporated.

In 1944, Keynes led the British delegation to the international conference in Bretton Woods where the details of the system were hammered out. The American "White Plan" was accepted, countries would retain fixed exchange rates against the dollar, while the dollar itself would be matched to gold. Two institutions, the International Monetary Fund (IMF) and the World Bank (IBRD), were created to oversee the new international monetary system.

All these exhausting official missions and work taxed Keynes's already precarious health. He died in 1946, soon after arranging the guarantee of an American loan to Great Britain.

The Chinese raised the idea of a bancor again, a couple of years ago.

If I've understood it correctly, it would have the effect of neutralising imbalances between countries. If you build up too much of a surplus, you get "fined" in the form of interest.

Also, I think Steve Keen was suggesting it for the eurozone. You would run your local currency for domestic trade, and do all international trade in the bancor.

Did they reveal who REALLY killed President Garfield?

Garfield was killed by his doctors, as Charles Guiteau pointed out. Guiteau merely shot him.

Bought it. Thanks for the post.

I wonder how much of history will be looked at differently when conspiracy theorists get their hands on actual transcripts, original documents and papers and see how mundane the world actually is.

But, at least we have Michelle Bachmann to carry on the tradition.

I'm sure they redacted all the stuff about planning the next Bohemian Grove meeting.

You have it backwards. When I have delved into stuff, I have been surprised by how *everything* in politics is a conspiracy.

But it was a conspiracy by definition. Some people, based on some combination of venal and altruistic impulses, wanted to a monopoly on the creation of money, so they created a system to enforce that monopoly. Does anybody deny this?

I would like to read "The undoing of The Bretton Woods Agreement" transcripts from 1971. It would be more interesting reading.
An underrated moment in the decline of the west I believe.

You might try using Calibre to open the file the sent you. It can convert basically all the popular eBook formats to other formats.

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