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In the early 1970s, President Nixon shocked the world with his announcement of the end of the Breton Woods Agreement, while the U.S. administration's allies the Brits only knew 30 minutes prior to the announcement. The free floating system has been afterwards an instrument of pressure on plenty of advanced nations that never submitted 100% to the U.S.'s interests. Actually the U.S. Treasury allowed intervention only whenever the advanced nations never submitted to the restructuring of their domestic economical structures to U.S. interests. Back in the 1970's and 1980's, the two who most opposed U...
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