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Futures Markets Post-Bretton Woods by yusufflance is a document available to read on EtoBox.

Milton Friedman argues for the necessity of a robust futures market in currencies following the end of the Bretton Woods system, highlighting the increased need for hedging against exchange rate fluctuations. He emphasizes that the U.S. is ideally positioned to develop such a market, which would benefit foreign trade and investment while also stabilizing monetary policy. The document concludes that a well-functioning futures market would attract speculators and facilitate smoother international financial tr

Author

yusufflance

Language

EN