Nixon shock
id:
nixon-shock-203-16455695
title:
Nixon shock
text:
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States President Richard Nixon on 15th August 1971 in response to increasing inflation. Although Nixon's actions did not formally abolish the existing Bretton Woods system of international financial exchange, the suspension of one of its key componen
brand slug:
wiki
category slug:
encyclopedia
description:
1971 decoupling of the US dollar from gold
original url:
https://en.wikipedia.org/wiki/Nixon_shock
date created:
2006-01-03T14:06:51Z
date modified:
2024-09-09T23:58:32Z
main entity:
{"identifier":"Q1420512","url":"https://www.wikidata.org/entity/Q1420512"}
image:
{"content_url":"https://upload.wikimedia.org/wikipedia/commons/7/71/Nixon_30-0316a.jpg","width":2320,"height":2904}
fields total:
13
integrity:
16