Zoltan Pozsar, Global Head of Short-Term Interest Rate Strategy at Credit Suisse, has recently outlined his views on the birth of a new world monetary order, Bretton Woods III.

Pozsar notes: “We are witnessing the birth of Bretton Woods III – a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the West.”

Pozsar’s recent memos can be found here:

1. https://plus2.credit-suisse.com/shorturlpdf.html?v=4ZR9-WTBd-V (Mar 7, 2022)
2. https://plus2.credit-suisse.com/shorturlpdf.html?v=51io-WTBd-V (Mar 31, 2022)
3. https://plus2.credit-suisse.com/shorturlpdf.html?v=51ty-SO8-V (Apr 4, 2022)

Pozsar discusses his vision for Bretton Woods III in the Bloomberg podcast found here: https://overcast.fm/+qdIDRbUrU