Nixon Takes Us Off Gold Standard - Search Videos

Why Nixon Ended the Gold Standard in 1971: The 10-Minute History of Sound Money vs Fiat Currency

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Remembering When Nixon Took the U.S. Off the Gold Standard

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In 1971, the US ran out of money and defaulted on its debts. Now, they didn’t say it that way. But by moving away from the gold standard, money as we understood it ended. I expected the stock market to plunge, but it went on to rise nearly 25%. That surprised me. But when I looked into it, I discovered the exact same thing happened in 1933 and it had the exact same effect. Here’s why. | Ray Dalio

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President Nixon Address to the Nation Outlining a New Economic Policy: "The Challenge of Peace"

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