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Brettonwoods 2.0 at the Open World Forum Paris October 2nd 2009

LOOV to declare a new economic order with Virtual Social Network and Open Money

Mots-clés : Technorati, Technorati, Technorati, Technorati, Technorati

Everyone of you have heard of the Bretton Woods stuff, and without getting to serious but enough to take into account what is taking place in order desastrous economic and financial crisis... Open money are here to leverage an alternative order with more than 5000 social, virtual or open money... Twitter, Facebook and so many other Linden Dollars are face value of an electronic exchange of services or goods... further we think that with LOOV (L'Once d'Or Virtuel - The virtual once of gold) we could raise a new economic lifestyle leveraged by a Bretton Woods 2.0 !

Yes an economic order for the Open Source Money, the social money used in virtual worlds and all the virtual social networks of our age !

Just come on stage with us on the 2nd of October in Paris


Revgi le 30.09.09 à 18:39 dans Actualités - Version imprimable
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The French Version of the Bretton Woods


and the english version of the former Bretton Woods that shall be completed by the Brettonwoods 2.0 deal !

Here is the Wikipedia version:
"The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world's major industrial states in the mid 20th century. The Bretton Woods system was the first example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states.

Preparing to rebuild the international economic system as World War II was still raging, 730 delegates from all 44 Allied nations gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire, United States, for the United Nations Monetary and Financial Conference. The delegates deliberated upon and signed the Bretton Woods Agreements during the first three weeks of July 1944.

Setting up a system of rules, institutions, and procedures to regulate the international monetary system, the planners at Bretton Woods established the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), which today is part of the World Bank Group. These organizations became operational in 1945 after a sufficient number of countries had ratified the agreement.

The chief features of the Bretton Woods system were an obligation for each country to adopt a monetary policy that maintained the exchange rate of its currency within a fixed value—plus or minus one percent—in terms of gold and the ability of the IMF to bridge temporary imbalances of payments. In the face of increasing financial strain, the system collapsed in 1971, after the United States unilaterally terminated convertibility of the dollars to gold. This action caused considerable financial stress in the world economy and created the unique situation whereby the United States dollar became the "reserve currency" for the states which had signed the agreement."


Revgi - 30.09.09 à 18:44 - # - Répondre -

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