Bretton Woods Monetary Institute & Festival

“The aim of the Bretton Woods Conference was the creation of a dynamic world community
in which the peoples of every nation will be able to realize their potentialities in peace.”

Henry Morgenthau, Chairman 1944 Bretton Woods Conference & United States Secretary of the Treasury.

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Monetary Solutions Overview

The solutions outlined are either actual working solutions or solutions that we are confident can work — once the solutions are brought to the public’s attention. That is an essential purpose of this web site. Of note is the fact that ideology, of any sort, is not a consideration with respect to the solutions. The consideration is the solution’s simple, straightforward, common sense — an enlightened common sense, we suggest, that is most aptly characterized by the German translation of the phrase: gesunder Menschenverstand/a healthy human understanding. 

Proposed solutions are invited at < info@brettonwoods.us >. As outlined in the following: i) designate the heading for your solution (e.g. Public Regulations); ii) note the title of your solution and your affiliation (e.g. “The Minneapolis Plan,” Prepared by the Federal Reserve Bank of Minneapolis); iii) send a concise paragraph summary of the solution (examples follow), along with iv) a link that elaborates on the summary, goes into the specific details (examples follow).

I. REFORM OF THE PRIVATE FINANCIAL SYSTEM

Reform of the private financial system is the primary solution discussed by the mainstream media. 

  1. “The Minneapolis Plan”
    Prepared by the Federal Reserve Bank of Minneapolis
  2. A New International Monetary System
    A global trade & capital clearing union proposed by Greece’s former finance minister.


II. PUBLIC MONEY

In the United States, Franklin’s colonial script, President Lincoln’s “Greenbacks,” and President Kennedy’s Silver Certificates represent what many have considered successful efforts toward public money creation, as outlined in Article 1, Section 8, Paragraph 5 of the United States Constitution: “Congress shall have the power to coin money; and regulate the value thereof”.  

  1. The State Bank of North Dakota
  2. Public Banks: In Service to Our Common Wealth
    Prepared by The Institute for Public Banking
  3. A Proposal Designed to Stabilize the Monetary System
    Prepared by the Somist Institute
  4. A Real Solution to Global Finance: Due Legislative Oversight
    Prepared by John Truman Wolfe


III. COMPLIMENTARY CURRENCIES

Complementary currencies have existed in different forms since the dawn of time. They have been, and remain, an important complement for many economies.

  1. Examples of complementary currencies around the world 
    Prepared by Bernard Lietaer, one of the architects of the Euro.


IV. PERIPHERAL ECONOMY

The essence of the peripheral economy is a change in the behavior of all businesses. Instead of offering 100% of their production to be sold against normal (central) currencies, they keep a part of their own production to pay their employees and suppliers (the internal consumption of economic actors). This payment becomes a “currency” that can be exchanged worldwide.

  1. www.peripheraleconomy.org 

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Photo Gallery from 2015 Bretton Woods Convocation (if password required, enter concordium)

Gwendolyn Hallsmith, speaking at the Bretton Woods IV Convocation: Live Free and Prosper