The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order (Council on Foreign Relations Books (Princeton University Press))

by Benn Steil

Morgenthau told the assembled that “competitive depreciation of currency” and “devices to hamper and limit the free movements of goods” had become the “economic weapons” with which “the Fascist dictators” of Europe had initiated the bloodshed.