>The Nixon Shock has been widely considered to be a political success, but an economic failure in bringing on the 1973–1975 recession, the stagflation of the 1970s, and the instability of floating currencies. The dollar plunged by a third during the 1970s.
Bangemkikkoks t1_irbxj7a wrote
Reply to comment by Khemith in Belarus Leader Bans Price Rises to Tackle Inflation by AlxIp
>The Nixon Shock has been widely considered to be a political success, but an economic failure in bringing on the 1973–1975 recession, the stagflation of the 1970s, and the instability of floating currencies. The dollar plunged by a third during the 1970s.
From your own damn link oh wise one