#worldhistory #history #viral #shorts #foryou<br />#humanhistory<br />#knowyourhistory<br />#historynerd<br />July 1, 1944 – Bretton Woods, New Hampshire]<br /><br />Rain lashes the windows of the Mount Washington Hotel. Inside, the air is thick with tension. Delegates from 44 nations sit around long tables, papers scattered, voices raised.<br /><br />The war is still raging. Europe lies in ruins. But here, in this quiet mountain town, something extraordinary is unfolding.<br />#viral #history #worldhistory #ancienthistory <br />A new world is being built—not with tanks or treaties, but with ledgers, currencies, and trust.<br /><br />The Bretton Woods Conference has begun.<br /><br />World War II was destruction on an industrial scale. Cities reduced to rubble. Economies shattered. Currencies worthless.<br /><br />But amid the devastation, a question loomed: How do we rebuild the world’s financial system?<br /><br />The answer would come not from generals, but from economists.<br /> <br />This video covers the establishment of the dollar as a global reserve and the roots of modern finance. Learn about the agreement that shaped the modern IMF and the beginning of major financial crisis.<br />Before the war, global finance revolved around gold and the British pound. But Britain was broke. Its empire crumbling.<br /><br />The United States, untouched by invasion and supercharged by wartime production, emerged as the new economic titan.<br /><br />Factories hummed. Banks swelled. The dollar surged.<br /><br />At Bretton Woods, the U.S. proposed a radical idea: make the dollar the world’s reserve currency, backed by gold.<br /><br />It was bold. Controversial. But it worked.<br /><br />The dollar became the anchor. Other currencies pegged themselves to it. Stability returned.<br />Out of Bretton Woods came two institutions that would define global banking:<br /><br />The International Monetary Fund (IMF): to monitor exchange rates and lend to struggling nations.<br /><br />The World Bank: to fund reconstruction and development.<br /><br />These weren’t just bureaucracies. They were lifelines.<br /><br />War-torn countries could borrow. Invest. Rebuild.<br /><br />For the first time, global finance had rules. Oversight. A safety net.<br />#facts <br />#ancienthistory<br />#medievalhistory<br />#modernhistory<br />#victorianera<br />#coldwar<br />#militaryhistory<br />#americanhistory<br />#blackhistory #naturalhistory<br />#europeanhistory<br />#asianhistory<br />#historymemes <br />#livinghistory<br />#thisdayinhistory<br />#historyshorts <br />#documentary<br />#storytelling<br />#Shorts<br />#YouTubeShorts<br />#trending<br />#viral
