Talk:Bretton Woods Conference
This is an old revision of this page, as edited by RobSmith (talk | contribs) at 12:17, March 3, 2023. It may differ significantly from current revision.
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 for as a qualified borrower or lender. RobSGive Peace a chance 07:17, March 3, 2023 (EST)