3 ms·
A version of the gold standard with the dollar pegged to gold for international trade partners was reintroduced in 1945 post WWII and that's what's Nixon suspen
by k26dr 7y ago
A version of the gold standard with the dollar pegged to gold for international trade partners was reintroduced in 1945 post WWII and that's what's Nixon suspended. Just like a true gold standard, it put a check on how much dollars the government could print