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Richard Nixon Foundation
@nixonfoundation
Advancing President Nixon’s legacy of visionary leadership, geopolitical grand strategy, public service, and a more just society for all Americans.
- August 15, 1971 - The Decision To Close The Gold Window When President Nixon took office in 1969, inflation, excessive balance of payments deficits and a dwindling gold supply placed significant pressure on the value of the US dollar and the American economy. It was due to these
- Worth reading RN's Memoirs for his thoughts on this decision: "The August 15, 1971, decision to impose them was politically necessary and immensely popular in the short run. But in the long run I believe that it was wrong. The piper must always be paid, and there was anIt’s no surprise Richard Nixon is having a massive popularity revival right now, especially among Gen Z. Back in 1972, Nixon showed the political establishment how to win young voters: he completely ignored the noise on college campuses and spoke directly to everyday working
