Tag: Richard Nixon
This month marks fifty years since President Richard Nixon closed the “gold window” that had allowed foreign governments to exchange US dollars for gold. Nixon’s action severed the last link between the dollar and gold, transforming the dollar into pure fiat currency.
Was Richard Nixon a real gold friend who understood the futility of tying a weakening dollar to gold which is the only currency that has survived in history? So was Nixon actually the instigator of the movement to FreeGold?
By Patrick COCKBURN “A ruthless little bastard,” was President Richard Nixon’s verdict on Donald Rumsfeld as recorded by the Watergate tapes – and everything in his career, supremely successful until the Iraq war, confirmed that Nixon had read him correctly. Rumsfeld relished such tributes to […]
No issues were ever debated in Milwaukee. The proud Democrats followed the script of Republican Nixon in 1968. They refused to debate anything.