As discussed in the prior article, the International Monetary Fund (IMF) found itself with little purpose after President Nixon removed the gold standard, and the Bretton Woods international financial system became defunct. Countries moved from the former fixed exchange rate system to a flexible model, based on fiat currencies, with
Read MoreAs discussed in the prior article, the International Monetary Fund (IMF) found itself with little purpose after President Nixon removed the gold standard, and the Bretton Woods international financial system became defunct.
The International Monetary Fund (IMF) is an international intergovernmental organization currently comprised of 190 diverse sovereign states “working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment
Before he appeared at his first solo news conference of 2022, President Joe Biden knew he had a communications problem he had to deal with. Namely, how to get off the defensive.