When the Bretton woods system first originated after the aftermath of the Great Depression, governmental agencies thought of reworking the economy by placing limits on exchange rates and the flow of international trade. This program served to stabilize the US treasury as well as the overabundance of the US dollar. However, this ideal is no longer applicable to today's economy.
As a mixed economy, the US economy can not be controlled by the governmental limits as proposed in the Bretton system. The current economy uses a combined set of economic theories that are meant to balance out the gold standard, free trade, supplying aid to corporations and the use of natural selection in stabilizing the banking and financial companies. Also, the limits would keep major corporations from exceeding in economic prosperity. Under the influence of the Bretton system, Bank Corp tried to create a world-wide currency, which failed greatly. The only exception to this theory was the wide distribution of the Euro but this only concerned the small continent of Europe. In general, the properties of the Bretton System do not carry well into our current economy.
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