“The devaluation of the British pound from $2.80 to $2.40 is not only another declaration of the bankruptcy by Great Britain; it is another revelation of the bankruptcy of the international money system concocted at Bretton Woods, N.H., in 1944.” Read more.
“Monetary Mockery”
Henry Hazlitt
The Deseret News, November 23, 1967.
Image by Michelle Meiklejohn / FreeDigitalPhotos.net.
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