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

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 ...

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.

But the surprise known in financial circles as the “Nixon shock,” nearly a half-century ago (on August 15, 1971) showed how pervasive the fear of inflation — running at just over 5 percent ...

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, ...

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 ...

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.

‘Nixon Shock’ Was Really a <i>Coup de Grace</i> on Destruction Others Started. This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither ...

Events of 1971 ushered in the era of modern finance. ‘Elon has finally woken up’: Musk battles to save Tesla from Trump; Trump tightens grip on power with ‘big beautiful’ policy triumph ...