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Bretton Woods

20th Century

Looking Back at the SAPs Processes of the Early 1990s

7th February 2024 Going Postal 2944 Comments

The Structural Adjustment Programmes of the early 1990s left ordinary Kenyans reeling under extreme economic hardship. Three decades later, SAPs are back, the Bretton Woods methods of inflicting economic pain on Kenyans unchanged. 18 January, [more…]

Economics

Simplicity and Honesty in a New International Trade Settlement System

6th March 2023 Patrick Barron 2831 Comments

For many months now Alasdair Macleod of Goldmoney.com has been writing about the efforts of a group of non-Western nations, led by Russian economist Sergey Glazyez, to establish a new settlement system for international trade. [more…]

Business

World Dollar Hegemony Is Ending

24th October 2022 Patrick Barron 4571 Comments

The end of world dollar hegemony is coming and hardly anyone in government is taking notice or even understands what this means. Since the Bretton Woods Conference in 1944, the dollar has been the only [more…]

Economics

50 years since the closure of the “gold window”

20th September 2021 Going Postal 3512 Comments

What happened and why This year marked the 50th anniversary of President Nixon’s decision to unilaterally close the “gold window”. The impact of this move can hardly be overstated. It triggered a tectonic shift of momentous [more…]

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