Will the Drive to Devalue the Dollar Lead to a Plaza Accord 2.0?

Will the Drive to Devalue the Dollar Lead to a Plaza Accord 2.0?

Oct 3, 2019 | News

The Lead-Up to the Plaza Accord To understand the Plaza Accord, one has to look back to August 15, 1971. On this day Richard Nixon closed the gold window. This step de facto ended the Bretton Woods system, which had been created in 1944 in the New Hampshire...
De-Dollarization: Europe Joins the Party

De-Dollarization: Europe Joins the Party

Sep 15, 2019 | News

The ongoing “World War of Currencies”, as the German journalist Daniel D. Eckert called it, the battle for the future of the world monetary system is not a shallow action film but more like Game of Thrones – a complex series with hundreds of actors and...