The Nixon Shock followed President Nixon’s televised "New Economic Policy" address to the nation on August 15, 1971. The crux of the speech was that the U.S. would turn its attention to domestic ...

The US dollar is experiencing a significant decline in 2025, driven by President Trump's economic policies and subsequent ...

The “Nixon Shock” was in response to a run on gold by European holders of dollars, as well as a rise in US inflation. But it had a geopolitical counterpart.

The Nixon Shock. It was 40 years ago—Aug. 15, 1971—that the White House unveiled a drastic reordering of the global financial system.

We are approaching the 50th anniversary of the so-called Nixon Shock, one the most decisive ruptures in monetary history. On August 15, 1971, U.S. President Richard Nixon announced in a televised ...

Is President Trump’s trade war going to be his “Nixon shock” moment: an audacious blunder whose aftershocks rocked the economy for more than a decade and left scars that are visible even ...

The Nixon Shock had profound implications for the U.S. and the global economy. The U.S. unleashed an era of floating exchange rates, which created a much less stable world economy, ...

In The Wall Street Journal, Lewis E. Lehrman notes that by severing the dollar's convertibility to gold in 1971, Richard Nixon ushered in a decade of inflation and economic stagnation.

The “Nixon Shock” was in response to a run on gold by European holders of dollars, as well as a rise in US inflation. But it had a geopolitical counterpart.