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Descent of the Global Monetary System

Tom Spencer

The principal goal of the Bretton Woods System was to create an efficient foreign exchange system in order to promote trade and economic growth while at the same time preventing countries from engaging in competitive currency devaluations. Countries may experience hyperinflation, which means rapidly rising consumer prices.

System 88
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Want Less-Biased Decisions? Use Algorithms.

Harvard Business

Below is a sample of the research about what happens when algorithms are given control of tasks traditionally carried out by humans (all emphasis mine): In 2002 a team of economists studied the impact of automated underwriting algorithms in the mortgage lending industry.

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PricewaterhouseCoopers, LLP

Management Consulted

An ERP system is an enterprise business management software program that organizes and tracks large company’s resources (cash, raw materials, production capacity, etc.) It helps facilitate error-free transactions and production (before ERP, people actually used odd things like pens, paper and ledgers to keep track of their stuff).