Word: bretton
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Dates: during 2000-2009
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...provide one another with the currency diversification they need to escape the stranglehold of the geriatric trio. But the world, not just Asia, could benefit from an Asian-led attempt to make the international monetary system more responsive to the Europe of today, rather than of the Bretton Woods-era. What is needed are some meaningful initiatives and a willingness to talk back to Washington. The alternatives are to stagnate with the status quo, or retreat into controls and protectionism unworthy of Asian success. That requires countries to appreciate the potential of one another's currencies: not the leaden coin...
MOUNT WASHINGTON BRETTON WOODS...
...world of Bretton Woods is not the world in which we live today," he said...
...remedy the situation, LaRouche advocated a return to the Bretton Woods monetary system adopted by Roosevelt in 1944, saying that the government must reorganize the bankrupt system and must impose high protective tariffs on trade...