You’ve made a huge political comeback. You’re deeply suspicious of the Washington bureaucracy. You’re contemptuous of liberal ...
It has been more than 50 years since the Nixon shock — August 15, 1971, when President Nixon went on national television to announce the historic change that the U.S. dollar would no longer be pegged ...
US President Donald Trump's efforts to improve relations with Russia are expected to influence Moscow's connections with ...
It immediately remade global trade patterns and transformed global monetary policy – unilaterally and, as Jeffrey Garten, author of a book on the so-called “Nixon Shock” and the dean ...
Bretton Woods II followed the Nixon Shock of 1971, when the US suspended dollar convertibility to gold, leading to the ...
This initiative was not the handiwork of left-wing liberals but of the administration of Richard Nixon, a moderately conservative Republican who was a critic of government intervention in the economy.
In August 1971, President Richard Nixon, without any international consultations, launched what became known as the Nixon Shock. He broke the link between gold and the US dollar, thereby ending the ...
That was 68 years, one Nixon Shock and two Donald Trump presidential victories ago. And we still haven’t learned. Despite the 11th-hour, 30-day reprieve Mr. Trump just gave us on his tariff ...