Thursday, May 02, 2013
Changing the World: a Case Study.
This post, the last I have planned for this blog, is an extended version of an essay I submitted to abda the newsletter that our Order use to keep in touch (it's like a once a month manual forum). Many Buddhists are interested in changing the world. Over my lifetime the world has changed significantly, and I thought it might be interesting to write up some reflections on this change, and how it was achieved.
In 1971 President Nixon unilaterally dismantled the Bretton Woods Agreement. This multi-lateral agreement on monetary policy was put in place to help the world recover financially from WWII. It spawned the IMF and the World Bank. Part of Bretton Woods was the gold standard. The countries involved agreed to fix the exchange rate of their currency to the value... [via Jayarava]
The world changed in 1971.
In 1971 President Nixon unilaterally dismantled the Bretton Woods Agreement. This multi-lateral agreement on monetary policy was put in place to help the world recover financially from WWII. It spawned the IMF and the World Bank. Part of Bretton Woods was the gold standard. The countries involved agreed to fix the exchange rate of their currency to the value... [via Jayarava]
