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What happened to the U.S. dollar when President Nixon closed the gold window?

What happened to the U.S. dollar when President Nixon closed the gold window?
asked 214k views
15 votes
What happened to the U.S. dollar when President Nixon closed the gold
window?

asked
User DSent
by
7.8k points

1 Answer

7 votes
He announced that the US would no longer convert dollars to gold at fixed value
answered
User Todd
by
8.6k points
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