The Age of Disruption Part 2: Step Aside Globalization, It’s Time For Near Sourcing

In 1944, the Brenton Woods agreement established the US Dollar as the global reserve currency, with all other currencies pegged to the dollar. That link came undone in 1971 when the US went off the gold standard, which caused all currencies previously tied to the US Dollar to have free-floating exchange rates. The initial result […]