Is Trump Considering a New Bretton Woods? - Promethean Saturday Class - April 26, 2025
In this week's episode of Promethean Saturday Class, Tony Papert hosts a discussion with Will Wertz on the
In this week's episode of Promethean Saturday Class, Tony Papert hosts a discussion with Will Wertz on the potential for the Trump administration to introduce a new Bretton Woods World Monetary System. The conversation delves into historical context, key figures involved, and significant proposals made during Trump's first term. Wertz also discusses the strategic economic importance of collaboration between the United States, Russia, China, and India to establish a stable global financial system. Additionally, the episode critiques the current international monetary practices and outlines the necessary steps for achieving a more balanced and fair economic order.
00:00 Introduction and Speaker Introduction
02:03 Background on Bretton Woods and Trump's First Term
03:25 Proposals and Reports on New Bretton Woods
05:19 Technical Issues and Continuation of Discussion
05:48 Four Power Agreement Proposal
09:52 Trump Administration's Current Stance
23:36 Historical Context and Critique of Current System
45:52 Conclusion and Final Thoughts
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