28 Mar 2011

Are You Ready for Bretton Woods II?

Conspiracy, Federal Reserve, Financial Economics 6 Comments

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.

6 Responses to “Are You Ready for Bretton Woods II?”

  1. Jon O. says:

    Probably less of a conspiracy and more of a contingency.

    Remember, this is Ben “subprime is contained” Bernanke. He’s not exactly a foward-looking kind of guy.

    • bobmurphy says:

      Of course, someone playing his part in world domination might even be willing to–dare I say it?–lie when he testifies to Congress or gives interviews to CNBC.

  2. Evilsceptic says:

    Hanlon’s razor is the only thing keeping me sane.

  3. Hans Palmstierna says:

    Hey, look its the globalist elite and they are plotting the new world monetary order in open!

    Someone tell the media to stop this conspiracy theory at once! (maybe Cass Sunstein can fix that)

  4. RG says:

    The thought of them all together in one room gives me chills. Inglorious Basterds anyone?

    I’m not condoning or promoting anything unseemly happenning to these people, but there’s nothing wrong with fantasizing about it.

  5. Bill Fallon says:

    Using sources like Dan Gainor doesn’t help make your case, but factual sources could. . Here’s a link to the interview that Rob Johnson, executive director of INET just did with Lou Dobbs, specifically discusing the upcoming INET conference and the importance of maintaining the dollar’s role as a reserve currency, and the broader purpose of the Bretton Woods conference.


    By the way, you might be interested to know that INET is a major funding source for the work of one of America’s major Hayek scholars, Bruce Caldwell, and is also funding a major task force led by University of Chicago’s Nobel Prize in Economics professor James Heckman, both of whom are on the Institute’s advisory board.