In the Bretton woods conference of 1944, held in the United States, was attended by 44 States. The result was the Bretton Woods agreement.
The meaning of the agreements, the world trade will be in US dollars and gold.
Every country has the right to issue its own national currency only to the equivalent (at the exchange rate) an amount not exceeding the volume of gold and currency reserves (GCR), which are formed of gold and, in the overwhelming majority of dollars.
I.e. to print its national currency, you want to sell what it produces (produces, builds, etc.) on the world market in US dollars, and accumulate the money in gold reserves. Central Bank of countries that have ratified the agreement, become, branches of the fed issuing only the amount which was allowed by the fed.
The fed, who owns a 1913. the printing press, rivet dollars, print dollars in the quantities needed US dollar and exchange the paper for real material resources. USA become a country-a parasite, pulling the juices from around the world.
In 1944. created IMF – a financial instrument created by a parasitic system.
In 1971. USA went even further. Since 15 August 1971. the President of the USA Richard Nixon announced about the refusal of the U.S. Treasury to exchange dollars for gold.
Gold is a common commodity, not the world’s money.
And, like everything else, is traded on the world market for dollars.
In 1971. there was a rejection of fixed exchange rates.
Originated money market – FOREX, with a system of floating exchange rates. Have the opportunity to make money out of money – on the difference of currency rates. But at the same time to keep the national currency rates under control. An instrument of financial control over all countries (except the USSR and its closest allies).
Now the reserve currency – the US dollar, pound sterling, Swiss franc, Japanese yen, Euro.
The ONLY ruler who refused to ratify the Bretton Woods agreements, was Stalin.
In 1955, the plan of Stalin, d. b. created vadorara world system, where the main means of payment would be the Soviet gold ruble. And in 1952. 25 countries signed the agreement establishing negoluboy zone. Only Stalin’s death in 1953. broke all the plans… Khrushchev came to power, the Bud has axed the idea of a gold ruble.
Now I understand why Stalin, for so many years, poured and continues to pour so much dirt?
