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The US dollar is experiencing a significant decline in 2025, driven by President Trump's economic policies and subsequent ...
Nixon Shock refers to the economic actions taken by President M. Richard Nixon in 1971 that eventually led to the collapse of the Bretton Woods system.
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Trump 2.0 borrows a ton from Richard Nixon — but 37th president’s playbook also has big risks - MSNThe “Nixon Shock” was in response to a run on gold by European holders of dollars, as well as a rise in US inflation. But it had a geopolitical counterpart.
Is President Trump’s trade war going to be his “Nixon shock” moment: an audacious blunder whose aftershocks rocked the economy for more than a decade and left scars that are visible even ...
In The Wall Street Journal, Lewis E. Lehrman notes that by severing the dollar's convertibility to gold in 1971, Richard Nixon ushered in a decade of inflation and economic stagnation.
The Nixon Shock had profound implications for the U.S. and the global economy. The U.S. unleashed an era of floating exchange rates, which created a much less stable world economy, ...
We are approaching the 50th anniversary of the so-called Nixon Shock, one the most decisive ruptures in monetary history. On August 15, 1971, U.S. President Richard Nixon announced in a televised ...
During the 1950s, Nixon built impressive foreign policy credentials, and became respected as a gifted geopolitical thinker. As president, he would concentrate on grand, unexpected initiatives that ...
The “Nixon Shock” was in response to a run on gold by European holders of dollars, as well as a rise in US inflation. But it had a geopolitical counterpart.
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