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Bretton Woods in Under 3 Minutes

⏱ 2:27 🌐 makertube.net

In the days when I still used the despicable instant gram, I made this to try to summarize what I felt was most important to grasp about what happened at the Bretton Woods Conference when the International Monetary Fund and World Bank as they exist today were established. The conference was held in July of 1944, but Keynes's plan was written two years earlier, in preparation for the conference. John Maynard Keynes is largely misunderstood today, as many powerful people would like him to remain, because understanding him correctly would allow the masses to establish an actually fair international monetary and financial system. As it is, however, the IMF and World Bank function as a global autocracy, issuing fiat currency that only their close knit insiders have legal rights to oversee and dictate. The entire edifice is the quintessence and origin, if you ask me, of monopolism, autocracy, and totalitarianism in the world. It starts with our value system, our units of account and value, o

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