Comments on: Will Calls for a “New Global Financial Order” Result in a Second Bretton Woods and the End of U.S. Dominance? http://www.moneymorning.com/2008/10/24/bretton-woods/ Investment News Provider Fri, 06 Nov 2009 11:54:40 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: What Shape Will the U.S. Recession Take: U, W or Bloody L? - Personal Finance Forums http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-13753 What Shape Will the U.S. Recession Take: U, W or Bloody L? - Personal Finance Forums Mon, 29 Dec 2008 09:39:37 +0000 http://www.moneymorning.com/?p=2851#comment-13753 [...] overall economic event, but was much shallower than the first. Had the United States been on a gold standard with an administration determined to maintain budget discipline, the current unpleasantness - which [...] [...] overall economic event, but was much shallower than the first. Had the United States been on a gold standard with an administration determined to maintain budget discipline, the current unpleasantness – which [...]

]]> By: Jutia Group - Market Jitters & Political Critters http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-13705 Jutia Group - Market Jitters & Political Critters Fri, 26 Dec 2008 17:32:00 +0000 http://www.moneymorning.com/?p=2851#comment-13705 [...] the United States been on a gold standard with an administration determined to maintain budget discipline, the current unpleasantness - which [...] [...] the United States been on a gold standard with an administration determined to maintain budget discipline, the current unpleasantness – which [...]

]]> By: What Shape Will the U.S. Recession Take: U, W or 'Bloody L?' http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-13691 What Shape Will the U.S. Recession Take: U, W or 'Bloody L?' Thu, 25 Dec 2008 22:49:22 +0000 http://www.moneymorning.com/?p=2851#comment-13691 [...] the United States been on a gold standard with an administration determined to maintain budget discipline, the current unpleasantness - which [...] [...] the United States been on a gold standard with an administration determined to maintain budget discipline, the current unpleasantness – which [...]

]]> By: Big Deal Fabians Happy They Have Another Fabian- and German troops that won’t fight at night….The EU/Arab Axis have worked hard to wreck America for decades………….Friends..NO Fiends « Centurean2’s Weblog http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-12122 Big Deal Fabians Happy They Have Another Fabian- and German troops that won’t fight at night….The EU/Arab Axis have worked hard to wreck America for decades………….Friends..NO Fiends « Centurean2’s Weblog Fri, 14 Nov 2008 17:33:26 +0000 http://www.moneymorning.com/?p=2851#comment-12122 [...] he wants the gathering to build from scratch a new financial and monetary framework, one that would replace the current system that is dominated by the United States with a new model far more to Europe’s [...] [...] he wants the gathering to build from scratch a new financial and monetary framework, one that would replace the current system that is dominated by the United States with a new model far more to Europe’s [...]

]]> By: Europe Is Obama’s First ‘Global Test’ : Soeren Kern, Strategic Insights Into America, Europe and the Transatlantic Relationship http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-12103 Europe Is Obama’s First ‘Global Test’ : Soeren Kern, Strategic Insights Into America, Europe and the Transatlantic Relationship Fri, 14 Nov 2008 13:29:33 +0000 http://www.moneymorning.com/?p=2851#comment-12103 [...] he wants the gathering to build from scratch a new financial and monetary framework, one that would replace the current system that is dominated by the United States with a new model far more to Europe’s [...] [...] he wants the gathering to build from scratch a new financial and monetary framework, one that would replace the current system that is dominated by the United States with a new model far more to Europe’s [...]

]]> By: Europeans Test Obama’s Mettle « Spacelord’s Rants http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-12098 Europeans Test Obama’s Mettle « Spacelord’s Rants Fri, 14 Nov 2008 09:35:47 +0000 http://www.moneymorning.com/?p=2851#comment-12098 [...] first of which is now set to take place in Washington DC tomorrow, November 15. He says that the current system of American economic dominance is over. They will replace this with a new system that is in line [...] [...] first of which is now set to take place in Washington DC tomorrow, November 15. He says that the current system of American economic dominance is over. They will replace this with a new system that is in line [...]

]]> By: Mary Ann Gordon http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-11270 Mary Ann Gordon Sun, 26 Oct 2008 13:15:58 +0000 http://www.moneymorning.com/?p=2851#comment-11270 I am a volunteer historical tour guide at the Mount Washington Hotel - in Bretton Woods. This hotel was where the conference was held. The hotel is still there -including all the rooms the conference was held in. In the past two months I have noticed on each tour that people literally start shouting out "have a new Bretton Woods conference". These are people who are going on a historic tour -and usually not given to shouting. None of them know each other, and they are usually from different countries. The symbolism of having a new conference at this very hotel- would mean an incredible amount - to so many people. This is the place where we stabilised the world economy once before. Please don't have a new "Bretton Woods" in the glaring media light of Washington or New York, and certainly not a one-day conference. The very reasons that the first Bretton Woods was successful was because it was held in the quiet, thoughtful, secure place that is the essence of Bretton Woods and the Mount Washington Hotel. I am a volunteer historical tour guide at the Mount Washington Hotel – in Bretton Woods. This hotel was where the conference was held.
The hotel is still there -including all the rooms the conference was held in.
In the past two months I have noticed on each tour that people literally start shouting out “have a new Bretton Woods conference”. These are people who are going on a historic tour -and usually not given to shouting. None of them know each other, and they are usually from different countries.

The symbolism of having a new conference at this very hotel- would mean an incredible amount – to so many people.
This is the place where we stabilised the world economy once before.
Please don’t have a new “Bretton Woods” in the glaring media light of Washington or New York, and certainly not a one-day conference.
The very reasons that the first Bretton Woods was successful was because it was held in the quiet, thoughtful, secure place that is the essence of Bretton Woods and the Mount Washington Hotel.

]]> By: Morrison Bonpasse http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-11260 Morrison Bonpasse Sat, 25 Oct 2008 14:48:44 +0000 http://www.moneymorning.com/?p=2851#comment-11260 Hopefully the calls for a "New Financial Order" WILL result in a Second Bretton Woods. The most important goal of the 1944 Bretton Woods conference was global monetary stability and pegging the U.S. dollar to gold and other currencies to the dollar was the chosen method. Monetary and currency stability is the primary goal of the International Monetary Fund. However, gold is no longer used as a monetary source of value and the currencies of the world float on the market. The upcoming 15 November conference should begin the world's long path to a Single Global Currency, managed by a Global Central Bank within a Global Monetary Union, by initiating research and planning for that goal. The world need not move from one country's or one region's currency to another as THE #1 currency, but should transition to a Single Global Currency. The success of the euro shows that monetary union is the best way to ensure monetary stability. If 16 countries can use the same currency, why not 192? The only problem with the euro's stability is that it exists in a multicurrency world. The Single Global Currency Assn. promotes the implementation of a Single Global Currency by 2024, the 80th anniversary of the 1944 conference. That's only 16 years away. The Assn's website is www.singleglobalcurrency.org. See, also, my book, "The Single Global Currency - Common Cents for the World." Hopefully the calls for a “New Financial Order” WILL result in a Second Bretton Woods. The most important goal of the 1944 Bretton Woods conference was global monetary stability and pegging the U.S. dollar to gold and other currencies to the dollar was the chosen method. Monetary and currency stability is the primary goal of the International Monetary Fund. However, gold is no longer used as a monetary source of value and the currencies of the world float on the market.
The upcoming 15 November conference should begin the world’s long path to a Single Global Currency, managed by a Global Central Bank within a Global Monetary Union, by initiating research and planning for that goal.
The world need not move from one country’s or one region’s currency to another as THE #1 currency, but should transition to a Single Global Currency. The success of the euro shows that monetary union is the best way to ensure monetary stability. If 16 countries can use the same currency, why not 192? The only problem with the euro’s stability is that it exists in a multicurrency world.
The Single Global Currency Assn. promotes the implementation of a Single Global Currency by 2024, the 80th anniversary of the 1944 conference. That’s only 16 years away. The Assn’s website is http://www.singleglobalcurrency.org. See, also, my book, “The Single Global Currency – Common Cents for the World.”

]]> By: Valued Customer http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-11258 Valued Customer Sat, 25 Oct 2008 06:56:58 +0000 http://www.moneymorning.com/?p=2851#comment-11258 I cannot imagine a more dismal prospect than that of George W. Bush, during the nadir of a global financial crisis widely perceived as springing from his loins, mere days before his utterly disparaged and infamous presidency finally ends, standing for the American people at a summit meeting intended to replace Bretton Woods. I cannot imagine a more dismal prospect than that of George W. Bush, during the nadir of a global financial crisis widely perceived as springing from his loins, mere days before his utterly disparaged and infamous presidency finally ends, standing for the American people at a summit meeting intended to replace Bretton Woods.

]]> By: Free Credit On Credit Speak » Will Calls for a “New Global Financial Order” Result in a Second … http://www.moneymorning.com/2008/10/24/bretton-woods/comment-page-1/#comment-11253 Free Credit On Credit Speak » Will Calls for a “New Global Financial Order” Result in a Second … Fri, 24 Oct 2008 20:10:36 +0000 http://www.moneymorning.com/?p=2851#comment-11253 [...] Will Calls for a “New Global Financial Order” Result in a Second … The European Union (EU) is also on board with tougher regulations on hedge funds, limits on executive pay, and new rules for credit rating agencies. And British Prime Minister Gordon Brown, who has been instrumental in pushing for … [...] [...] Will Calls for a “New Global Financial Order” Result in a Second … The European Union (EU) is also on board with tougher regulations on hedge funds, limits on executive pay, and new rules for credit rating agencies. And British Prime Minister Gordon Brown, who has been instrumental in pushing for … [...]

]]>