53 years ago today, President Nixon interrupted Bonanza to announce the temporary suspension of the dollar’s convertibility to gold.
Since then, the U.S. has shifted from the world’s largest creditor to its largest debtor.
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53 years ago today, President Nixon interrupted Bonanza to announce the temporary suspension of the dollar’s convertibility to gold.
Since then, the U.S. has shifted from the world’s largest creditor to its largest debtor.
No replies yet.