How Did We Get Here? – Milestones in this improbable, unthinkable and preposterous story:

• 1910 – Jekyll Island (GA) secret meeting lays blueprints for the Federal Reserve System (it is neither Federal, nor a Reserve, nor a System)
• 1918 – World War I ends (28th July 1914 – 11 November 1918)
• 1923 – US president Woodrow Willson signs in the Federal Reserve Act (23 December 1923) while every one else is busy getting ready for holidays, and Federal Reserve Notes (now better know today to you and me as US Dollars) are signed into law
• 1929 – Black Tuesday stock market crash (29th October 1929) – heralds in the start of the Great Depression in the USA (persisted till mid 1940’s in some countries)
• 1933 – US Government confiscates Gold from US Citizens – must be handed in to nearest Federal Reserve office – devalued 39%
• 1944 – Bretton Woods Agreement (July 1 – 22 1944) – With WWII raging all over the world the central planner thought it would be great time to strong-arm 44 Allied-Nations into a “you join our club” scenario – most succumbed on the last day – The IMG and the IBRD (now World Bank), as well as global Keynesian Economics were also spin-offs from this event – the Modern Financial Global Architecture – What a coupe!
• 1945 – World War II ends (September 1st 1939 – 2 September 1945)
• 1969 – SDRs (Special Drawing Rights) are “invented” by the IMF to paper-over the shortfall of preferred foreign exchange reserve assets, surprise, surprise gold – the first cracks in the system
• 1971 – US president Nixon breaks connection with the Gold Standard (15th August 1971) – The most significant single event in Global Financial history (also known as the “Nixon Shock” – USD is just another FIAT currency, and the Bretton Woods Agreement is effectively terminated
• 2008 – Lehmans Collapse – The First and Last Too Big to Fail Liquidation (13th September 2008)

Here is a table version of the same:

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