75 Years Ago The U.S. Dollar Became The World's Currency. Will That Last?
It all started at a hotel high in the mountains of New Hampshire.
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In 1944, almost exactly 75 years ago, more than 700 representatives from 44 nations traveled to the Mount Washington Hotel, a secluded resort in the mountains of Bretton Woods, N.H. With World War II coming to an end, they arrived to hammer out a new financial system for the global economy.
Last week former U.S. Treasury secretaries, central bankers, economists and other nerds traveled to it for a conference that took stock of their legacy — the so-called "Bretton Woods" system — and debated its
