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Greta Dumberg attending the student revolts in France

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💥💥💥 US Treasury Secretary Bessent: “Over the next four years, we will need another Bretton Woods moment.” In an interview with the Manhattan Institute, he discusses the need for a major overhaul of the global monetary and financial order. A “Bretton Woods moment” signifies a major reset of the international monetary and financial system, similar to the one that took place in 1944. What does Bretton Woods represent? At the end of World War II, the Allied nations gathered at Bretton Woods and established a new global monetary order: The US dollar became the international benchmark currency, pegged to gold, while other currencies were pegged to the dollar. The goal was to provide stability following the chaos of the wars and the Great Depression, and to foster trade and reconstruction under American leadership. Now, Bessent is calling for a change in the architecture of the global financial system akin to the one in 1944. Some time ago, the US Treasury Secretary explicitly confirmed the United States' intention to leverage stablecoins to preserve the dollar's dominant role as the global reserve currency, transforming the crypto ecosystem into a fundamental pillar for financing US public debt—specifically to absorb government bond issuances during a period of historically high public debt. Thanks to the GENIUS Act, every newly issued stablecoin would generate demand for US government debt, maintaining the dollar as the unit of account but operating on digital, programmable “rails.” Video 👇 https://x.com/SternDrewCrypto/status/2109727419112542314