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Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
gptkb:economic_policy
|
| gptkbp:alsoKnownAs |
1971 United States monetary policy changes
|
| gptkbp:announced |
gptkb:Richard_Nixon
gptkb:Richard_Nixon_presidency 1971-08-15 |
| gptkbp:cause |
address balance of payments deficit
combat inflation |
| gptkbp:country |
gptkb:United_States
|
| gptkbp:effect |
beginning of fiat currency era
end of Bretton Woods system |
| gptkbp:feature |
import surcharge
suspension of US dollar convertibility to gold wage and price controls |
| https://www.w3.org/2000/01/rdf-schema#label |
Nixon Shock
|
| gptkbp:impact |
floating exchange rates
global currency realignment |
| gptkbp:location |
gptkb:White_House
|
| gptkbp:mediaCoverage |
televised address
|
| gptkbp:relatedTo |
gptkb:gold_standard
gptkb:Bretton_Woods_system gptkb:Smithsonian_Agreement |
| gptkbp:bfsParent |
gptkb:gold_standard
|
| gptkbp:bfsLayer |
5
|