I'm planning on doing a fair assessment of Bretton Woods I - but I seem to consistently come across the belief that it was a bad policy decision for the United States. Some ideas that have me worried about what Kristalina Georgieva talks about in her announcement:
The pitch - how to "fight the crisis today and build a better tomorrow". Smells bullshitty to me....
They want to "take measures to prevent the build-up of financial risks over the medium term." Perhaps redistribute global pain to the wealthier nations? Redistribution is vile.
"The best memorial we can build to those who have lost their lives in this crisis is, in the words of Keynes, “that bigger thing”— building a more sustainable and equitable world." Sustainable and equitable = redistribution. Bite me. I'll be damned if my tax dollars will be used for a global nanny state.
I plan on reviewing the economic philosophy of Keynes - some peg him as a socialist, and this whole scheme seems to desire the centralization of a global economy, taking from the "haves" and giving to the "have-nots". This also ties in to the desire to create a global digital currency - I already feared a US national digital currency (real-time confiscation, taxation, prohibition, and loss of privacy). Now put that plan on steroids and give globalists like George Soros the reigns. Oy vay! Not a pretty picture.
Haven't looked into it much yet, what are your thoughts?
I'm planning on doing a fair assessment of Bretton Woods I - but I seem to consistently come across the belief that it was a bad policy decision for the United States. Some ideas that have me worried about what Kristalina Georgieva talks about in her announcement:
The pitch - how to "fight the crisis today and build a better tomorrow". Smells bullshitty to me....
They want to "take measures to prevent the build-up of financial risks over the medium term." Perhaps redistribute global pain to the wealthier nations? Redistribution is vile.
"The best memorial we can build to those who have lost their lives in this crisis is, in the words of Keynes, “that bigger thing”— building a more sustainable and equitable world." Sustainable and equitable = redistribution. Bite me. I'll be damned if my tax dollars will be used for a global nanny state.
I plan on reviewing the economic philosophy of Keynes - some peg him as a socialist, and this whole scheme seems to desire the centralization of a global economy, taking from the "haves" and giving to the "have-nots". This also ties in to the desire to create a global digital currency - I already feared a US national digital currency (real-time confiscation, taxation, prohibition, and loss of privacy). Now put that plan on steroids and give globalists like George Soros the reigns. Oy vay! Not a pretty picture.
I'll keep researching.
Sources above: https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment