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Nixon Shock

The Nixon Shock was a series of economic measures taken by U.S. President Richard Nixon in 1971 including unilaterally cancelling the direct convertibility of the United States dollar to gold that essentially ended the existing Bretton Woods system of international financial exchange.

Nixon ShockBretton Woods systemRichard NixonTriffin dilemmaUnited States dollarMonetary policyCanada–United States relationsBanking in the United StatesFiat moneyHistory of banking in the United StatesHistory of monetary policy in the United States1973–1974 stock market crashBernard LietaerSnake in the tunnelThe Death of MoneyVietnam WarLondon Gold PoolNixonomics1973 oil crisisStagflation
Gold Clause CasesExecutive Order 6102Republic of China–Japan relationsFixed exchange-rate systemInternational monetary systemsSpecial relationship (international relations)Hard currencyUnited Nations Monetary and Financial ConferenceReserve currencyPost-war displacement of KeynesianismHistory of the United States dollarSovereign defaultCurrency warFederal Reserve NoteCanadian dollarKorean reunificationGold as an investmentFrost/Nixon (film)Gerald FordCheckers speech

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