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aug 15, 1971 - The Nixon Shock

Description:

President Nixon officially severs the link between the dollar on August 15th, 1971. The Nixon Shock effectively led to the end of the Bretton Woods Agreement and the convertibility of U.S. dollars into gold.

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ByCamren Martin
11 Jan 2023
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Date:

aug 15, 1971
Now
~ 54 years ago

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