Search


	Podcast:		Cold War Cast
	Episode:		Bretton Woods Conference and Agreement
	Category:		Society & Culture
	Duration:		00:32:55
	Publish Date:		2017-08-04 00:45:16
	Description:		As the war was winding down, members from all 44 allied nations met in Bretton Woods, New Hampshire to discuss the postwar economic order. Over the course of three weeks, they hammered out the details on creating the International Monetary Fund (IMF), the precursor to the World Bank (the International Bank of Reconstruction and Development), advocated for free trade and pegged currencies to the US dollar….which was then pegged to gold at $35 per ounce. The Cold War implications of this conference are huge. For one, it acknowledged the United States as the world’s economic superpower. It also probably loosened up the strangle of colonialism, which will be a big Cold War flashpoint….and as intended, it did help create the conditions for Western Europe’s impressive reconstruction. I think the most important thing it did as far as the Cold War goes is create one institutional thread that bound the “free world” together, just like NATO did. Enjoy the show and if you have any questions hit me up at ryan@coldwarcast.com Also, sorry for the delay! My laptop broke and I missed a couple of windows I had to record. Hopefully it won’t happen again…
	Total Play:		0