By Marc Chandler – On this day in 1971, US President Nixon broke the last formal links between the dollar and gold and ushered in the modern era of floating exchange rates. What was a necessity has become a virtue…
From:: Financial Sense
By Marc Chandler – On this day in 1971, US President Nixon broke the last formal links between the dollar and gold and ushered in the modern era of floating exchange rates. What was a necessity has become a virtue…
From:: Financial Sense