40 Years of Infamy

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40 Years of Infamy

Nixon defaults: (1:05) "I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets"

Richard Nixon, Sunday 15th August 1971

Here's one version of the back story: Nixon Shock, the rest, as they say is history.

Edited by admin on 11/08/2014 - 06:31
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