The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard -- breaking the link between gold and the dollar -- transforming the entire global monetary system.
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The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard -- breaking the link between gold and the dollar -- transforming the entire global monetary system.
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An excellent book for those who did not "live" it.
This is a great book for those persons who did not live through it or and are not familiar with who, when, what, how and why of the end of Brenton Woods and consequences thereof. Nevertheless I still enjoy reading the history in its entirety (right on!.)