Bitcoin tops $120K as markets prepare for inflation data and a Powell ouster, with analysts warning of a modern-day 'Nixon ...

The US dollar is experiencing a significant decline in 2025, driven by President Trump's economic policies and subsequent global investor sell-offs. This depreciation, reminiscent of the 1973 Nixon ...

William Safire, Nixon’s speechwriter, recounts how the administration kept up a steady stream of anonymous leaks to pressure Fed chair Arthur Burns, including floating one proposal to expand the ...

Aug. 15, 2024, marks the 53rd anniversary of the “Nixon Shock,” the day that United States President Richard Nixon eliminated the gold standard for the US dollar. At the time, Nixon claimed ...

President Trump is looking to former President Nixon as proof that his global tariffs should be allowed to stand in court.

The Trump tariff shock, much like the Nixon shock half a century earlier, has become a defining rupture.

While the "Nixon shock" ushered in a new age of freely floating currencies and increased capital flows that preserved and enhanced the dollar's role as the dominant reserve currency, the Trump ...

The results of the Nixon shock were so bad the economics profession had to invent a new word to describe it – stagflation.