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August 15 marks a special date in American history: it commemorates the fiftieth anniversary of President Richard Nixon’s suspension of Bretton Woods. With this decision, the United States stopped redeeming foreign governments’ and banks’ dollars for gold. ....
How Richard Nixon Changed U.S. Economic Policy Forever newrepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newrepublic.com Daily Mail and Mail on Sunday newspapers.