Aug 15, 2021

4 min read

The Reasons That Led Richard Nixon To End the Bretton Woods System on August 15, 1971

The world then entered (for the worse) the era of financial crises and speculation.

It is August 15, 1971. Richard Nixon provokes a worldwide shock by announcing the temporary end of the convertibility of the American dollar into gold. The temporary has finally…

More from Sylvain Saurel

Entrepreneur / Developer / Blogger / Author. In Bitcoin We Trust: https://inbitcoinwetrust.substack.com/

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The Reasons That Led Richard Nixon To End the Bretton Woods System on August 15, 1971

The world then entered (for the worse) the era of financial crises and speculation.

More from Sylvain Saurel

Recommended from Medium

North Korea: What Would Harry Truman Do?

Bessie Coleman, the first female African American pilot

1 September :- Day Special

Week 8

Download In *PDF To ‘Joy My Freedom: Southern Black Women’s Lives and Labors after the Civil War…

Ample Leisure Time for Medieval Peasants?

The Downfall of Napoleon

Shopping for the System

Get the Medium app

Sylvain Saurel

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