article_snippet: Money spent oiled the capitalist system; hoarding the capitalist system gummed up the works and caused recurring crises.
article_snippet: The first problem was the chaos of world trade now that The first problem was dominated completely by a reinvigorated America.
article_snippet: This was averted by setting up the Bretton Woods trade agreement, a World Bank and an International Monetary Fund
article_snippet: The welfare plans of the Attlee government were at stake if the U.S. didn’t provide the finance.
article_snippet: There was no American inclination to go easy on American ally, who had held the fort against Hitler.
article_snippet: American still saw Britain as the hated imperial power American had rebelled against in 1776.
article_snippet: So no cancellation of our debts was forthcoming.