1944 Bretton Woods International Monetary Conference
This newsreel excerpt briefly describes the international monetary conference of 1944 (before WW2 ended), held at the Mount Washington Hotel in Bretton Woods, New Hampshire. The conference founded the International Monetary Fund and the World Bank. The fixed exchange rate system created at the conference came under increasing strain in the 1960s and was ended unilaterally by President Nixon in 1971.
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