Are We One Step Closer to Going Back to the Gold Standard?

The European head of FX at BMO Capital, Stephen Gallo, takes a look at the impact of Bretton Woods on the forex and credit markets over the past 40 years.

As we enter a new credit cycle Gallo also tells us the private sector will have to step in to pick up the slack as central banks start to exit their extraordinary liquidity operations in the post-crisis world.