Op-Ed: Upholding Bretton Woods Principles in Absence of Bretton Woods Politics
Stock image. Long before modern states claimed monopoly control over money, international trade depended on trusted systems that operated outside sovereign authority. In medieval Europe, merchants travelling between cities and kingdoms faced a familiar challenge. Transporting physical gold, much as today, was dangerous, inefficient, and vulnerable to theft, seizure, or political interference. In that environment, […]