Difference between revisions of "Talk:Bretton Woods Conference"
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More precisely what institution would accept payment from, or make payment to which institution on an approved list to count their total assets as a qualified borrower or lender. This is called the [[Bretton Woods System]]. Some of these institutions didn't exist before the conference, and were created out of the conference with aggregate assets of lenders to provide working capital. The institutions are the [[World Bank]], the [[International Monetary Fund]] to reconcile accounts annually between member states. And the [[Bank for International Settlements]] to settle mostly civil claims between actors. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|''Give Peace a chance'']]</sup> 07:22, March 3, 2023 (EST) | More precisely what institution would accept payment from, or make payment to which institution on an approved list to count their total assets as a qualified borrower or lender. This is called the [[Bretton Woods System]]. Some of these institutions didn't exist before the conference, and were created out of the conference with aggregate assets of lenders to provide working capital. The institutions are the [[World Bank]], the [[International Monetary Fund]] to reconcile accounts annually between member states. And the [[Bank for International Settlements]] to settle mostly civil claims between actors. [[User:RobSmith|RobS]]<sup>[[User talk:RobSmith|''Give Peace a chance'']]</sup> 07:22, March 3, 2023 (EST) | ||
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| + | == The US Dollar is very strong == | ||
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| + | The US Dollar is very strong | ||
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| + | In January 2024, Yahoo Finance rated the U.S. dollar the strongest currency in the world.<ref>[https://finance.yahoo.com/news/15-strongest-currencies-world-2024-132602145.html 15 Strongest Currencies in the World in 2024], Yahoo Finance, January 2024.</ref> In April 2024, Forbes ranked the U.S. Dollar the 10th strongest currency.<ref>[https://www.forbes.com/advisor/money-transfer/highest-currencies-in-the-world/ Top 10 Strongest Currencies In The World In April 2024], Forbes, April 2024</ref> See also: [https://www.schwab.com/learn/story/will-us-dollar-be-dethroned Will the U.S. Dollar Be Dethroned?] by Charles Schwabb, April 2023 and [https://www.investopedia.com/articles/forex-currencies/091416/what-would-it-take-us-dollar-collapse.asp What It Would Take for the U.S. Dollar to Collapse], Investopedia, 2024 and [https://www.goldmansachs.com/intelligence/pages/why-the-dollar-is-likely-to-stay-stronger-longer.html Why the US dollar is likely to stay ‘stronger for longer’], Goldman Sachs, June 2024 | ||
Revision as of 22:06, June 14, 2024
You can't stop trade between people. Without trade, people starve. So aggregate exchange rates have to be established between local communities for cross border transactions. These exchange rates for cross border transactions are handled between bankers. The Bretton Woods conference established between bankers who pays who for what. RobSGive Peace a chance 07:12, March 3, 2023 (EST)
More precisely what institution would accept payment from, or make payment to which institution on an approved list to count their total assets as a qualified borrower or lender. This is called the Bretton Woods System. Some of these institutions didn't exist before the conference, and were created out of the conference with aggregate assets of lenders to provide working capital. The institutions are the World Bank, the International Monetary Fund to reconcile accounts annually between member states. And the Bank for International Settlements to settle mostly civil claims between actors. RobSGive Peace a chance 07:22, March 3, 2023 (EST)
The US Dollar is very strong
The US Dollar is very strong
In January 2024, Yahoo Finance rated the U.S. dollar the strongest currency in the world.[1] In April 2024, Forbes ranked the U.S. Dollar the 10th strongest currency.[2] See also: Will the U.S. Dollar Be Dethroned? by Charles Schwabb, April 2023 and What It Would Take for the U.S. Dollar to Collapse, Investopedia, 2024 and Why the US dollar is likely to stay ‘stronger for longer’, Goldman Sachs, June 2024
- ↑ 15 Strongest Currencies in the World in 2024, Yahoo Finance, January 2024.
- ↑ Top 10 Strongest Currencies In The World In April 2024, Forbes, April 2024