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Wall Street Mav

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On this day 52 years ago, August 15, 1971, President Richard Nixon took the US dollar "temporarily" off of the gold standard to stop other countries from exchanging US dollars for gold. This move to remove the connection between gold and the US dollar enabled the USA to begin

On this day 52 years ago, August 15, 1971, President Richard Nixon took the US dollar "temporarily" off of the gold standard to stop other countries from exchanging US dollars for gold.

This move to remove the connection between gold and the US dollar enabled the USA to begin