The Bob Murphy Show

The “Nixon Shock” Was Only the Final Nail in the Coffin of the Gold Dollar

The Bob Murphy Show
Robert P. Murphy

Bob gives a brief history of money in the United States, explaining that the dollar was much “harder” in, say, 1810 than it was in 1910. This explains why there was significant consumer price inflation even in 1970, the year before Richard Nixon officially severed the dollar’s link to gold.

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