🔥BRUTAL🔥

🤯Scott Bessent is calling for a Bretton Woods 2.0

💥He claims that the CURRENT SYSTEM is FAILING and that he is here to CHANGE THIS

Is a RESTART of the financial system coming⁉️What was the Bretton Woods Agreement⁉️

👉The Bretton Woods Agreement was not a traditional treaty signed, but a series of economic agreements established at an international conference held in Bretton Woods

👉44 allied countries attended during the final stretch of World War II

What was the objective⁉️

▪️To rebuild the global financial system to avoid the economic crises that had led to the Great Depression of the 1930s

👉Main decisions:

🔸The International Monetary Fund (IMF) and the World Bank were created.

🔸It was established that the US dollar would be the global reference currency, backed by gold

🔸The FED became the most important CENTRAL BANK in the WORLD

🔸Other currencies would be pegged to the dollar, rather than directly to gold.

What did Treasury Secretary Scott Bessent recently say⁉️

🔹He claims that the INSTITUTIONS of the Bretton Woods agreement have imbalances

🔹He states that the good news is that "this should not be the case" and that his current goal is to establish the steps to restore balance to the global financial system

🔹This is not the first time he has referred to Bretton Woods

🔹On April 3, he stated: "In the coming years, we will experience a kind of great economic reordering. Something equivalent to a new Bretton Woods. There is a strong possibility that this will happen in the next four years and I would like to be part of it"

Undoubtedly, #cryptocurrencies will be part of this new economic order. 💪🏻