Feb 4
4 min read
Trouble for the U.S. Dollar
How freezing Russian assets could trigger accelerated decline
The U.S. dollar has essentially been the world’s reserve currency since the 1944 Bretton Woods Conference in New Hampshire, which was attended by delegates from 44 Allied nations. Held towards the end of WWII, the conference established the IMF (International Monetary Fund) and also established American financial…
