When did the gold standard get removed

Answer

In 1971, Richard Nixon removed the dollar from gold, ending the predominance of gold in the international monetary system. ChaCha!

Categorized In: Finance & Economy

Source: What is The Gold Standard? | www.uiowa.edu

Description: In 1971, President Richard Nixon removed the dollar from gold, ending the predominance of gold in the international monetary system.

Aug 09 2009, 01:18am

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