Logo
Unionpedia
Communication
Get it on Google Play
New! Download Unionpedia on your Android™ device!
Download
Faster access than browser!
 

Nixon shock and United States dollar

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Nixon shock and United States dollar

Nixon shock vs. United States dollar

The Nixon shock was a series of economic measures undertaken by United States President Richard Nixon in 1971, the most significant of which was the unilateral cancellation of the direct international convertibility of the United States dollar to gold. The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

Similarities between Nixon shock and United States dollar

Nixon shock and United States dollar have 12 things in common (in Unionpedia): Bretton Woods system, De facto, Federal Reserve System, Fiat money, Foreign exchange market, Monetary policy, Paul Volcker, Richard Nixon, United States, United States Congress, United States Secretary of the Treasury, World War II.

Bretton Woods system

The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western Europe, Australia, and Japan after the 1944 Bretton-Woods Agreement.

Bretton Woods system and Nixon shock · Bretton Woods system and United States dollar · See more »

De facto

In law and government, de facto (or;, "in fact") describes practices that exist in reality, even if not legally recognised by official laws.

De facto and Nixon shock · De facto and United States dollar · See more »

Federal Reserve System

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America.

Federal Reserve System and Nixon shock · Federal Reserve System and United States dollar · See more »

Fiat money

Fiat money is a currency without intrinsic value that has been established as money, often by government regulation.

Fiat money and Nixon shock · Fiat money and United States dollar · See more »

Foreign exchange market

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.

Foreign exchange market and Nixon shock · Foreign exchange market and United States dollar · See more »

Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

Monetary policy and Nixon shock · Monetary policy and United States dollar · See more »

Paul Volcker

Paul Adolph Volcker Jr. (born September 5, 1927) is an American economist.

Nixon shock and Paul Volcker · Paul Volcker and United States dollar · See more »

Richard Nixon

Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was an American politician who served as the 37th President of the United States, serving from 1969 until 1974, when he resigned from office, the only U.S. president to do so.

Nixon shock and Richard Nixon · Richard Nixon and United States dollar · See more »

United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

Nixon shock and United States · United States and United States dollar · See more »

United States Congress

The United States Congress is the bicameral legislature of the Federal government of the United States.

Nixon shock and United States Congress · United States Congress and United States dollar · See more »

United States Secretary of the Treasury

The Secretary of the Treasury is the head of the U.S. Department of the Treasury which is concerned with financial and monetary matters, and, until 2003, also included several federal law enforcement agencies.

Nixon shock and United States Secretary of the Treasury · United States Secretary of the Treasury and United States dollar · See more »

World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

Nixon shock and World War II · United States dollar and World War II · See more »

The list above answers the following questions

Nixon shock and United States dollar Comparison

Nixon shock has 53 relations, while United States dollar has 327. As they have in common 12, the Jaccard index is 3.16% = 12 / (53 + 327).

References

This article shows the relationship between Nixon shock and United States dollar. To access each article from which the information was extracted, please visit:

Hey! We are on Facebook now! »