Downhill Since Bretton Woods: ‘Unipolar US Dollar' Mutated Into 'Politically Weaponized' Tool
![Downhill Since Bretton Woods: ‘Unipolar US Dollar' Mutated Into 'Politically Weaponized' Tool](https://cdn1.img.sputnikglobe.com/img/107034/47/1070344747_0:61:1920:1141_600x0_80_0_0_9929161db422a4f3cdb2d07b231acf6c.jpg)
A US-dominated monetary framework was put into place 80 years ago in Bretton Woods. It bred everything ranging from chronic deficits and speculative bubbles to politically-motivated sanctions, while allowing the greenback to reign supreme. Since the system’s collapse, global economies have been dealing with the blowback of its inherent failings.