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wtf happened in 1971 – DIGIT INFO https://www.digit.info Bookmarking Crypto Insights Thu, 15 Aug 2024 13:33:00 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.digit.info/wp-content/uploads/2024/07/cropped-61589-32x32.png wtf happened in 1971 – DIGIT INFO https://www.digit.info 32 32 WTF happened 53 years ago today — Why the Nixon shock is still affecting us all https://www.digit.info/wtf-happened-53-years-ago-today-why-the-nixon-shock-is-still-affecting-us-all/ Thu, 15 Aug 2024 13:33:00 +0000 https://www.digit.info/wtf-happened-53-years-ago-today-why-the-nixon-shock-is-still-affecting-us-all/

In his 1971 speech ending the gold standard, Richard Nixon promised to stabilize the dollar, but instead, nearly everything has gone up in price.

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