News by Tag: Gold Standard
U.S. Dollar and Gold: An Anniversary
August 17, 2011
Forty years ago today, U.S. President Richard Nixon appeared on television to tell the world that the U.S. was severing the relationship between gold bullion and the U.S. dollar. Michael discusses how this event has affected our economy today.
August 17, 2011
Forty years ago today, U.S. President Richard Nixon appeared on television to tell the world that the U.S. was severing the relationship between gold bullion and the U.S. dollar. Michael discusses how this event has affected our economy today.