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| === Gold Standard === Nixon abandoned the gold standard in 1971. This had sweeping consequences internationally. In [[Japan]], this [[Japan/Economy#Monetary_Policy|ended]] the fixed exchange rate that [[Japan/GHQ|GHQ]] had set in 1949. |
Richard Nixon
Richard Nixon was a Republican politician, congressman, senator, vice president, and president of the United States.
Contents
History
Policies
Gold Standard
Nixon abandoned the gold standard in 1971. This had sweeping consequences internationally.
In Japan, this ended the fixed exchange rate that GHQ had set in 1949.