A lot of people think I’m nuts for claiming that the only sensible explanation for Bernanke’s policies, is that he’s setting up the dollar for a crash to be replaced by some other currency. Does it help my case that George Soros’ Bretton Woods II conference starts in two weeks? Here’s an excerpt from the official website (HT2 Dan Gainor):
CRISIS and RENEWAL: International Political Economy at the Crossroads, April 8-11, 2011
INET [Institute for New Economic Thinking] is pleased to announce that it will hold its annual conference April 8-11, 2011 at the Mount Washington Hotel in Bretton Woods, New Hampshire, the scene of the great conference that established a renewed global economic architecture as World War II drew to a close.
Today, as the aftershocks of our own Global Finance Crisis continue to reverberate, we face our own challenge of reconstruction. The 1944 conference was, famously, largely an Anglo-American affair, whereas today’s reconstruction must engage the larger European Union, as well as the emerging economies of Eastern Europe, Latin America, and Asia. In the years since the 1944 conference, the globalization of production, trade, and especially finance, has transformed our economy, but has not yet transformed our system of regulation or our tools of policy intervention. Indeed, our very habits of thought and speech lag behind the realities that we desperately need to think and speak about.
This conference reflects INET’s dedication to inspiring and provoking new economic thinking. More than 200 academic, business and government policy thought leaders from around the world will be attending. Speakers include the former United Kingdom Prime Minister Gordon Brown, Mark Carney, Paul Volcker; George Soros, Adair Turner, Joseph Stiglitz, and Harold James. Scroll down this page to see a list of all confirmed speakers.
Hmm, my invitation must have gotten lost in the mail.