By 1971, it was evident that the Bretton Woods system of a set dollar price for gold came apart." What exactly was Bretton Woods?" interjected the President."In 1944, the finance ministers of the major economic powers met at Bretton Woods, New Hampshire to come up with a post-war economic system. Gold was set at a fixed rate of $35.00 an ounce and the dollar was the central currency for international trade. The first cracks in that system became evident when the British drastically devalued the pound in 1967 because the strong pound made British goods too expensive on the international markets. The Bretton Woods system finally collapsed when President Nixon took the United States off the gold standard in 1971."The discussion went on from there with Mitchell Stroach from the Office of Management and Budget explaining to the President how a series of economic blunders by succeeding Presidents, including Nixon's wage and price freeze and his stimulation of the economy until after he was. It's fine with me, do you think you'll be able to get away to spend time with her?" "Well, yeah, I'm pretty sure I can do that. And thanks. But listen - you need to know that Shirley (his wife) won't be getting involved. She would shit a brick and cut my nuts off if she knew about this." I chuckled and told him that was fine. I added that I would cover for him with an alibi if he needed one. We spent some time discussing the project and work things in general. After awhile, Trevor had loosened up enough to talk about other 'guy stuff' like his passions for jet-boating, fishing and the like. We passed the time on the road in friendly chit-chat. About a hour into the drive I heard his smartphone beep, indicating that he had received a text message. Moments later my own phone buzzed, notifying me of the same. Because he was driving, Trevor ignored his phone but I had no such limitations - I pulled my phone from my hip and had a look at my message. It was from Cheryl. 'Everything OK?' I.
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