1 июл 1944 г. - Bretton Woods Conference: establishes The World Bank and The International Monetary Fund. Key Player: Harry Dexter Whiter (soviet spy) , John Maynard Keynes (Pedophile)

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In 1944 Harry Dexter White was most probably the most important figure at the Bretton Woods conference. He argued for an end to economic blocks and a greater use of free trade agreements. Henry Morgenthau, Jr claimed that by the establishment of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), would see an end to "economic nationalism". These institutions were intended to prevent some of the economic problems that had occurred after the First World War. White argued strongly that the Western nations should develop better economic and political relationships with the Soviet Union.

White argued that in the 1930s "the necessary monetary and financial basis for international prosperity had been weakened by competitive currency depreciation, by exchange restriction, by multiple currency devices." After the war "only through international cooperation will it be possible for countries successfully to apply measures directed toward attaining and maintaining a high level of employment and real income which must be the primary objective of economic policy."

James M. Boughton has pointed out that Broughton shared many of the views held by John Maynard Keynes: "Part of the conventional wisdom about the origins of the IMF is that it was a response to the depression of the 1930s and was designed primarily to prevent a recurrence of global deflation. Certainly the avoidance of ruinous competitive devaluations and of trade and exchange restrictions was uppermost in both Keynes's and White's thinking, but they saw those policy errors as creatures of the 1920s, as the result of the mercantilist debacles that flowed from the Versailles peace conference. Such mistakes had contributed to the depression and then had fed on it, but they would have been just as disastrous if they had led instead to an inflationary spiral. White saw the avoidance of either deflation or inflation as a precondition for sustained economic growth, as did Keynes. He was no fan of the classical gold standard, but he argued persistently within the U.S. Treasury for a stable monetary standard that the government could manage with some flexibility but that would still link the U.S. dollar firmly to gold. His plan for the IMF placed the dollar and its ties to gold at the center of the international monetary system, in the belief that it would provide a stable anchor for policies conducive to growth."

In December 1944, Anatoly Gorsky sent a report back to Moscow that White and his assistant, Harold Glasser, was still supplying the Soviets with information: "White... phoned me and asked me to come and get the information Gromyko was interested in. On December 11, I went to Morgenthau's department. (White) was not in the office, but one of his secretaries showed me to his assistant, on whose office door was written: Assistant to the Director of the Division of Monetary Research. (White's) assistant named turned out to be (Harold Glasser). We have tried to organize Glasser's work through Elizabeth Bentley, Victor Perlo and others... but these circumstances may be used to develop this official acquaintance in order to switch then to direct connection with a Soviet operative."

After the death of President Franklin D. Roosevelt White felt less confident of holding his job in the Treasury Department. President Harry S. Truman sacked Henry Morgenthau, Jr. and replaced him with Fred Vinson. The new Secretary of the Treasury, did not share Morgenthau's confidence in White's abilities. White complained that Vinson no longer consulted with him about policy. Vladimir Pravdin reported back to Moscow: "Although Vinson outwardly treats him in a friendly manner... White is convinced that the question of his dismissal is a matter of weeks or months."

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