Bordo, Michael D. - In: Economic globalization and governance : essays in honor …, (pp. 75-90). 2021
collapse of the Bretton Woods System between 1971 and 1973 was rising US inflation since 1965. It was driven in turn by … imports and a ninety-day wage-price freeze), was that US inflation, driven by macro-policies, was the main problem facing the … the rest of the world rather than correcting mistaken US policies. In addition, at the urging of Federal Reserve Chairman …