54th Anniversary of the Nixon Shock: More than half a century has passed since the world left the gold standard
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最新报道：According to Bijie.com, August 15th marks the 54th anniversary of Nixon's announcement that the US dollar would be taken off the gold standard. On August 15, 1971, then-US President Nixon suspended the convertibility of the US dollar into gold, ending the Bretton Woods system and ushering in the era of global fiat currencies. This decision, known as the "Nixon Shock," marked the final abolition of the international gold standard.
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