And yet some of his ideas, primarily the Bancor, would have fundamentally changed the course of post-WWII history.
I’m no capitalist, I just mean to say that the difference between the international currency exchange model Keyenes proposed and what the US forced on everyone is immense. Interestingly enough, many countries are once again looking to Keynes’ Bancor as inspiration for a new international financial paradigm.
And yet some of his ideas, primarily the Bancor, would have fundamentally changed the course of post-WWII history.
I’m no capitalist, I just mean to say that the difference between the international currency exchange model Keyenes proposed and what the US forced on everyone is immense. Interestingly enough, many countries are once again looking to Keynes’ Bancor as inspiration for a new international financial paradigm.