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The Fundamental Transformation Of America
Published:
THE FUNDAMENTAL TRANSFORMATION OF AMERICA
UNITED NATIONS • BRETTON WOODS
(the history of globalism)
In 1944, “The United Nations Monetary and Financial Conference” convened at Bretton Woods, N.H. to establish a U.N. banking system: the WORLD BANK (Int’l Bank for Reconstruction & Development) and the IMF (Int’l Monetary Fund). National currencies were un-pegged from gold, and pegged to the U.S. dollar.*
"At the close of the U.N. Conference, the U.S. Treasury Secretary (Henry Morgenthau, Jr.) said the establishment of the United Nations banking system marked “the end of economic nationalism.” And he was right."
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