In 1944, almost exactly 75 years ago, more than 700 representatives from 44 nations traveled to the Mount Washington Hotel, a secluded resort in the mountains of Bretton Woods, N.H. With World War II coming to an end, they arrived to hammer out a new financial system for the global economy.
Last week former U.S. Treasury secretaries, central bankers, economists and other nerds traveled to it for a conference that took stock of their legacy — the so-called "Bretton Woods" system — and debated its future. We went too.
The Mount Washington hotel is old school, with ornate chandeliers and a moose head hanging in the lobby. Classical music reminds you it's classy. There are awesome mountain views and a musty, sort of wet-carpet smell. It was grand and luxurious, but it also felt like it was straight out of The Shining.