50 year delta coming up—President Nixon decouples the US Dollar from the Gold Standard on August 15, 1971 - The Great Awakening

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50 year delta coming up—President Nixon decouples the US Dollar from the Gold Standard on August 15, 1971 (antoniusaquinas.com)

posted 3 years ago by zen10101 3 years ago by zen10101 +73 / -0

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– Mr_House 3 points 3 years ago +3 / -0

To be fair - Johnson had bankrupted our coffers by that point - between his social programs to co-opt the black vote and the Vietnam War, our currency was effectively nullified.

Further - the Bretton Wood system was not "killed" until 1976.

https://en.wikipedia.org/wiki/Jamaica_Accords

One of the most obscure articles about a major event that you can find on Wikipedia for a reason.

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– zen10101 [S] 2 points 3 years ago +2 / -0

What’s your point?

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