China's Game: The Bretton Woods System. Tuesday's Edition

How China Is Winning And Will Win The World. Series 21 #2

American dollar hegemony and the Bretton Woods institutions continue operating. Its architecture still determines who can trade with whom, who can be cut off from global finance, and which currency is used for every major transaction in virtually every nation.

In July 1944, with World War II still in progress, 44 Allied nations sent representatives to a …