Monday, August 29, 2011

Nixon ends Bretton Woods International Monetary System



In the year of 1971:

Nixon: "I have directed secretary Connaly to suspend, temporarily, the convertability of the dollar into gold..."

How long is temporarily? And what will the president say when introducing a new monetary solution?

By: @WDomination

1 comments:

  1. "People have got to know whether or not their president's a crook. Well, I'm not a crook." - Nixon

    ReplyDelete

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