--- title: "Meaning & Key Takeaway of: The budget targets imposed by the Bretton…" description: "\"The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.\"..." image: "https://sms4smile.com/quotes/i/b67/michel-chossudovsky-29911_budgets_the-budget-targets-imposed-by-the-bretto_2477426.jpg" --- # The budget targets imposed by the Bretton Woods… ![“The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.” quote by Michel Chossudovsky](https://sms4smile.com/quotes/i/b67/michel-chossudovsky-29911_budgets_the-budget-targets-imposed-by-the-bretto_2477426.jpg) [Download](https://sms4smile.com/quotes/i/b67/michel-chossudovsky-29911_budgets_the-budget-targets-imposed-by-the-bretto_2477426.jpg) [Open image](https://sms4smile.com/quotes/i/b67/michel-chossudovsky-29911_budgets_the-budget-targets-imposed-by-the-bretto_2477426.jpg) > “The budget targets imposed by the Bretton Woods institutions, combined with the effects of the devaluation, trigger the collapse of public investment.” [Michel Chossudovsky](https://sms4smile.com/quotes/author/michel-chossudovsky/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic policies from Bretton Woods and devaluation reduce public investment, harming development. **In simple terms:** Policies cut public spending. Key Takeaway Advocate fair fiscal policies. Themes economics public policy development inequality Mood cautious analytical Type critical informative When to use this quote - budget planning - infrastructure projects - NGO advocacy - policy reform Key Concepts macroeconomics financial crises government spending Questions to Reflect On - How can governments protect investment during devaluation? - What alternatives exist to Bretton Woods policies? A Different Perspective May overlook other causes of investment decline. ★ ★ ★ ★ ★ No ratings yet [Budgets](https://sms4smile.com/quotes/about/budgets/) [Collapse](https://sms4smile.com/quotes/about/collapse/) [Devaluation](https://sms4smile.com/quotes/about/devaluation/) [Goals](https://sms4smile.com/quotes/about/goals/) [Institutions](https://sms4smile.com/quotes/about/institutions/) [Investing](https://sms4smile.com/quotes/about/investing/) [Investment](https://sms4smile.com/quotes/about/investment/) [Triggers](https://sms4smile.com/quotes/about/triggers/) [Woods](https://sms4smile.com/quotes/about/woods/) ## Related quotes > [What the U.S. does is it continues to print money when the economic situation gets difficult. This is what happened in the last depression…](https://sms4smile.com/quotes/alejandro-castro-espin/what-the-u-s-does-is-it-continues-to-print-money-when-the-economic/) [Alejandro Castro Espin](https://sms4smile.com/quotes/author/alejandro-castro-espin/) > [ In the trade pact you know that was recently agreed to, I said you have to talk about devaluation. Because that's been their \[China\]… ](https://sms4smile.com/quotes/donald-trump/in-the-trade-pact-you-know-that-was-recently-agreed-to-i-said-you/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Mr. Macri's government caused damage similar to what Argentina suffered in 2001: a debt default, no foreign-currency reserves, a steep devaluation and increased poverty.](https://sms4smile.com/quotes/alberto-fernandez/mr-macri-s-government-caused-damage-similar-to-what-argentina/) [Alberto Fernandez](https://sms4smile.com/quotes/author/alberto-fernandez/) > [We're being taken advantage of because we have leaders who are incompetent. They don't even know. When I went out and told them you…](https://sms4smile.com/quotes/donald-trump/we-re-being-taken-advantage-of-because-we-have-leaders-who-are/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [But the fact that we had to devalue by 40% at once means that Malawians are feeling the shock, the impact of that huge…](https://sms4smile.com/quotes/joyce-banda/but-the-fact-that-we-had-to-devalue-by-40-at-once-means-that/) [Joyce Banda](https://sms4smile.com/quotes/author/joyce-banda/) > [China only did the biggest devaluation in 20 years, only for one reason. Because they could get away with it.](https://sms4smile.com/quotes/donald-trump/china-only-did-the-biggest-devaluation-in-20-years-only-for-one/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale.](https://sms4smile.com/quotes/david-harvey/perpetual-revolutions-in-technology-can-mean-the-devaluation-of-fixed/) [David Harvey](https://sms4smile.com/quotes/author/david-harvey/) > [Not only must weapons be bought and paid for out of surpluses of capital and labour, but they must also be put to use.…](https://sms4smile.com/quotes/david-harvey/not-only-must-weapons-be-bought-and-paid-for-out-of-surpluses-of/) [David Harvey](https://sms4smile.com/quotes/author/david-harvey/) > [With China, their primary weapon in China is what they've done with the devaluation of their currency.](https://sms4smile.com/quotes/donald-trump/with-china-their-primary-weapon-in-china-is-what-they-ve-done-with/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [If the awareness of our limitations begins to limit or to dim our value consciousness as well—as happens, for instance, in old age with…](https://sms4smile.com/quotes/max-scheler/if-the-awareness-of-our-limitations-begins-to-limit-or-to-dim-our/) [Max Scheler](https://sms4smile.com/quotes/author/max-scheler/) > [Those who advocate devaluation are calling for a reduction in the wage levels and the real wage standards of every member of the working…](https://sms4smile.com/quotes/james-callaghan/those-who-advocate-devaluation-are-calling-for-a-reduction-in-the/) [James Callaghan](https://sms4smile.com/quotes/author/james-callaghan/) > [The devaluation of words and promises regarding free enterprise is, in principle, worse than the devaluation of the rouble](https://sms4smile.com/quotes/dmitry-medvedev/the-devaluation-of-words-and-promises-regarding-free-enterprise-is-in/) [Dmitry Medvedev](https://sms4smile.com/quotes/author/dmitry-medvedev/) > [“Printing dollars at home means higher inflation in China, higher food prices in Egypt and stock bubbles in Brazil. Printing money means that U.S.…](https://sms4smile.com/quotes/james-rickards/printing-dollars-at-home-means-higher-inflation-in-china-higher-food/) [James Rickards](https://sms4smile.com/quotes/author/james-rickards/) > [The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency…](https://sms4smile.com/quotes/ron-paul/the-greatest-threat-facing-america-today-is-the-disastrous-fiscal/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Rampant inflation is just as hard to live with as the devaluation of commodities.](https://sms4smile.com/quotes/david-harvey/rampant-inflation-is-just-as-hard-to-live-with-as-the-devaluation-of/) [David Harvey](https://sms4smile.com/quotes/author/david-harvey/) ## More by Michel Chossudovsky > [According to the World Bank, the concentration of wealth and the structures of corporate economic power have no bearing on woman's rights.](https://sms4smile.com/quotes/michel-chossudovsky/according-to-the-world-bank-the-concentration-of-wealth-and-the/) [Michel Chossudovsky](https://sms4smile.com/quotes/author/michel-chossudovsky/) > [The experience of Somalia shows that famine in the late 20th century is not a consequence of a shortage of food. 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