Mystery AtlasBretton Woods System
The 1944 international monetary arrangement pegging the US dollar to gold at $35 an ounce and other currencies to the dollar, intended to stabilise post-war exchange rates; it operated until the Nixon Shock ended dollar-gold convertibility in 1971.
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Connected to
How this topic links to the people, places, and ideas around it — drawn from our knowledge graph.
Theories & Explanations
Bretton Woods System served as the basis for Bretton Woods Structural-Pressure Explanation.
Events
- Nixon Shock15 August 1971
Bretton Woods System preceded Nixon Shock — The Bretton Woods system's fixed dollar-gold peg operated until the Nixon Shock unilaterally ended it.