Square Peg, Round Hole
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Square Peg, Round Hole

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august 15, 1971

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Square Peg, Round Hole :: Monetary Policy

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august 15, 1971 Empty Re: august 15, 1971

Post  C-Bert Fri May 27, 2011 3:58 pm

Wow...that takes the cake for empty promises....

C-Bert
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august 15, 1971 Empty august 15, 1971

Post  henrybemis Fri May 27, 2011 3:41 pm

the end of the bretton woods system:
http://en.wikipedia.org/wiki/Nixon_Shock

nixon speech:
https://www.youtube.com/watch?v=iRzr1QU6K1o

speech excerpt:
Nixon: "If you are among the overwhelming majority of americans who buy american made products in america, your dollar will be worth just as much tomorrow as it is today."

henrybemis

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Square Peg, Round Hole :: Monetary Policy

 
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