Nixon shock
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The Nixon shock was a series of economic measures done by United States President Richard Nixon in 1971, in response to increasing inflation. He froze wage and price. He also directed the cancellation of the direct international convertibility of the United States dollar to gold.[1]
Nixon Shock Media
Richard Nixon, Official Presidential Photograph
US Dollar Index (DXY)**USD/Canadian dollar exchange rate**USD/JPY exchange rate*USD/SEK exchange rate*USD/CHF exchange rate
Price of gold
Price of oil nominal price (West Texas Intermediate) 1946-2022
References
- ↑ Lewis, Paul (15 August 1976). "Nixon's Economic Policies Return to Haunt the G. O. P.". The New York Times. https://www.nytimes.com/1976/08/15/archives/nixons-economic-policies-return-to-haunt-the-gop-nixons-economic.html. Retrieved 25 March 2019.
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