You’ve made a huge political comeback. You’re deeply suspicious of the Washington bureaucracy. You’re contemptuous of liberal ...
It has been more than 50 years since the Nixon shock — August 15, 1971, when President Nixon went on national television to announce the historic change that the U.S. dollar would no longer be pegged ...
Bretton Woods II followed the Nixon Shock of 1971, when the US suspended dollar convertibility to gold, leading to the ...
They allege: “Nixon was involved in the plot and went along ... he smuggled a letter out of prison naming Johnson as the person behind the shock crime. He also alleged there was only “one ...
In 1972, then-US president Richard Nixon paid a shock visit to China, paving the way towards full diplomatic recognition and gaining leverage over a wrongfooted Soviet Union. By that same logic ...
In August 1971, President Richard Nixon, without any international consultations, launched what became known as the Nixon Shock. He broke the link between gold and the US dollar, thereby ending the ...