Reddit reviews Globalizing Capital: A History of the International Monetary System - Second Edition
We found 3 Reddit comments about Globalizing Capital: A History of the International Monetary System - Second Edition. Here are the top ones, ranked by their Reddit score.
All of it is wrong and reflects a fundamental misunderstanding of how the current global monetary system functions in practice.
I wouldn't know where to begin. Your post indicates that you don't even understand the Bretton Woods system, it's historical and political context, or really anything pertinent about it. Therefore, you are simply not knowledgeable enough to critique it.
As I said, read a textbook. I can recommend some for you if you are interested, but otherwise, I wouldn't want to waste my time. There are also good lay person oriented books you can read such as this.
My apologies for the seemingly harsh tone.
"Globalizing Capital" by Barry Eichengreen gives a great history of international monetary systems and how countries have slowly moved to globalization for their own prosperity and stability.
It's a bit dry, but "Globalizing Capital" by Barry Eichengreen has been really enjoyable.
It gives you a brief history of global monetary systems, from metals to bimetal to gold to ForEx and then gives deeper analysis of the contemporary atmosphere. I'm not doing it justice, honestly.