Share this article

A New ‘Bretton Woods’ Moment?

The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean?

Updated Sep 14, 2021, 10:11 a.m. Published Oct 19, 2020, 7:00 p.m.
English economist John Maynard Keynes, center
English economist John Maynard Keynes, center

The IMF has said it’s time to re-evaluate the global economic order, but what does that really mean?

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.comNexo.io and Elliptic.

Today on the Brief:

  • Chinese citizens less than impressed with DCEP trial
  • Is Filecoin the “Titanic” of ICOs?
  • Mnuchin, Pelosi go one more round on stimulus
Advertisement

Our main discussion: A new Bretton Woods moment?

In a recent speech, the International Monetary Fund argued that the time to fundamentally re-evaluate the global economic order is here. Goldbugs see the potential to return to the gold standard, bitcoiners anticipate ever-growing stimulus and macro observers are betting on massive disruptions in the wake of central bank digital currencies.

See also: Major Meeting of Central Banks Produces Same Old ‘Evaluating’ CBDCs Refrain

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

More For You

BitSeek: Decentralized AI Infrastructure Revolutionizing the Web3 Industry

More For You

Bitcoin Jumps to $99K as Spiking Coinbase Premium Points to Strong U.S. Buying

alt

Spot BTC prices were at times $300 pricier on Coinbase relative to Binance, suggesting the rally may be driven by heavy demand from American investors.

What to know:

  • Bitcoin surged towards $100,000 on Wednesday's U.S. trading session, gaining 3.2% in the past 24 hours.
  • The rally coincided with significant spot BTC price premium on Coinbase.
  • Fed Chair Jerome Powell called bitcoin a competitor to gold during a panel discussion.