Gold exchange at the bretton woods conference

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1. What happened to the gold exchange at the Bretton Woods Conference? Did the United States do the right thing by ending its commitment to the gold exchange standard?

2. Was the Federal Reserve System created in 1913 in a way consistent with the U.S. Constitution? Looking at how it operates today, what actions does it take that might make it constitutionally suspect?

3. Should we focus on continued federal government budget deficits as a problem? Looking at the history of deficits, what do you expect to see in the future, and how might we need to restructure our budget process?

Reference no: EM133049764

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