Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy

Three Days at Camp David: How a Secret Meeting in 1971 Transformed the Global Economy

Garten, Jeffrey E.

Hardcover

20th Century United States HistoryGeneral Political ScienceUnited States Politics

Publisher Price: $29.99

ISBN10: 006288767X
ISBN13: 9780062887672
Publisher: Harpercollins
Published: Jul 6 2021
Pages: 448
Weight: 1.35
Height: 1.60 Width: 6.20 Depth: 9.10
Language: English

The former dean of the Yale School of Management and Undersecretary of Commerce in the Clinton administration chronicles the 1971 August meeting at Camp David, where President Nixon unilaterally ended the last vestiges of the gold standard--breaking the link between gold and the dollar--transforming the entire global monetary system.

Over the course of three days--from August 13 to 15, 1971--at a secret meeting at Camp David, President Richard Nixon and his brain trust changed the course of history. Before that weekend, all national currencies were valued to the U.S. dollar, which was convertible to gold at a fixed rate. That system, established by the Bretton Woods Agreement at the end of World War II, was the foundation of the international monetary system that helped fuel the greatest expansion of middle-class prosperity the world has ever seen.

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20th Century United States History