world order that began in 1945 with the creation of a new global monetary system (built in 1944 in Bretton Woods, New Hampshire) and a US-dominated system of world governance (locating the United Nations in New York and the World Bank and the International Monetary Fund in Washington, DC). The new world order was the natural consequence of the US being the richest country (it then had two-thirds of the world’s gold stock and gold was then money), the dominant economic power

