The Dollar-Gold Standard’s Lingering Demise By Jomo Kwame Sundaram Copyright © 2026 IPS-Inter Press Service. All rights reserved. -

The Dollar-Gold Standard’s Lingering Demise By Jomo Kwame Sundaram KUALA LUMPUR, Malaysia, Sep 28 2026 (IPS) - The 1944 Bretton Woods (BW) conference accepted the US demand to use the dollar to settle international financial transactions. This arrangement would require a US balance-of-payments deficit to issue enough dollars. https://www.ipsnews.net/2026/09/the-dollar-gold-standards-lingering-demise/?utm_source=email_marketing&utm_admin=146128&utm_medium=email&utm_campaign=How_to_Protect_Coastal_Communities_From_TideRelated_Loss_and_Damage_in_Bangladesh_For_Pakistan_Risin Copyright © 2026 IPS-Inter Press Service. All rights reserved. -