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    The 50th Anniversary of ‘Nixon Shock:’ How Suspending the Dollar’s Convertibility With Gold Fueled Today’s Fiat World

    • Post author:MiamiCrypto
    • Post published:August 15, 2021
    • Post category:50 years/Aug. 15 1971/Bitcoin/BTC/convertibility gold/Dollar/Economics/Featured/Federal Reserve/gold/gold convertibility/Gold Standard/government spending/Nixon administration/Nixon Shock/Nixon Shock Gold/petro dollar/Richard Nixon/Treasury/U.S. dollar/USD/Vietnam War/Vietnam War Spending/War/War Spending

    Approximately 50 years ago today, Americans were introduced to ‘Nixon Shock’ when the 37th president of the United States suspended the convertibility of the U.S. dollar into gold. Since this…

    Continue ReadingThe 50th Anniversary of ‘Nixon Shock:’ How Suspending the Dollar’s Convertibility With Gold Fueled Today’s Fiat World
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