33
/
AIzaSyB4mHJ5NPEv-XzF7P6NDYXjlkCWaeKw5bc
November 1, 2025
2303239
185254
2
Create a timeline
Public Timelines
For educational institutions For teachers For students Cabinet
For educational institutions For teachers For students Open cabinet
FAQ
Create a timeline
Public timelines
FAQ
About & FeedbackTermsPrivacyFAQ
Support 24/7  
CabinetGet premium
Donate

aug 15, 1971 - Nixon Shock

Description:

Nixon cancelled the direct international convertibility of the USD to gold. This messed up the Bretton Woods System. Since then, most economies switched to free floating currencies. The Nixon Shock led to the recession of ‘73-’75.

Added to timeline:

The Good ol' Days 2018

ByKen Burrow
16 Dec 2018
0
0
734

Date:

aug 15, 1971
Now
~ 54 years ago
About & FeedbackTermsPrivacyFAQ
Support 24/7  
CabinetGet premium
Donate
The service accepts bank transfer (ACH, Wire) or cards (Visa, MasterCard, etc). Processed by Stripe.
Secured with SSL