Fiftieth Anniversary of the Nixon Shock

Happy 50th Anniversary! On August 15, 1971, President Richard Nixon severed the final tie between the US dollar and gold, officially ending the gold standard (as well as the Bretton Woods System) and ushering in a new era of unanchored fiat currency. My thoughts.


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Buy my book! The Currency of Empire: Money and Power in English America, released June 2021 with Cornell University Press. Order your copy now.

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Dr. Jonathan Barth received his PhD in history from George Mason University in 2014. He specializes in the history of money and banking in the early modern period, with corollary interests in early modern politics, empire, culture, and ideas. Barth is currently an Assistant Professor of History at Arizona State University, and associate director of the Political History and Leadership Program in the School of Historical, Philosophical and Religious Studies.

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Visit my website https://www.professorbarth.com/

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