US monetary policy developments past, present and future
Monday 23 August 2021 – Vol.12 Ed.34.1
Commentary: Nixon shock was a welcome development
By Mark Sobel in Washington
Numerous commentaries in recent weeks have commemorated the 50th anniversary of the August 1971 Nixon shock, which brought the Bretton Woods system to its end. For Mark Sobel, US chairman of OMFIF, the Nixon shock was a historically welcome development. It set in motion a series of events that led to the onset of generalised...
https://allaboutshipping.co.uk/2021/08/23/us-monetary-policy-developments-past-present-and-future/