Something interesting is happening. The IMF called on Friday for a "new Bretton Woods" agreement.
What the managing director said was this is "a new Bretton Woods moment." Gold bugs have been trying to interpret this as a call for a return to a gold standard. Bitcoin bugs think the same, that BTC will play some role.
You can read for yourself though, it was a bunch of vague fluff: https://www.imf.org/en/News/Articles/2020/10/15/sp101520-a-new-bretton-woods-moment
I wouldn't read too much into it.....
The only agreement that would change things is adopting the Austrian school of economy teachings and stop everything they have been doing until now. Since i don't see them using actual gold as money, Bitcoin is the perfect solution for the world.
As long as they keep the Chicago school dogmas, nothing will ever change.
As long as they keep the Chicago school dogmas, nothing will ever change.
She was citing and praising John Maynard Keynes at the beginning of her talk. Something tells me things aren't changing yet.
