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View Thread: US Dolar sinks, what do you think?
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    JohnAskew

    JohnAskew wrote:
    
    Antitorgo wrote:  Roosevelt, he's the one who took us off the Gold Standard and allowed the banks to play games with our currency.


    I remember Richard M. Nixon doing this in 1972.
     
    Roosevelt?

    No politics, ok, Charles.
    This is simply an error correction, imho.


    http://en.wikipedia.org/wiki/Bretton_Woods_system

    Sweden abandoned the gold standard in 1929, the US in 1933, and other nations were, to one degree or another, forced off the gold standard.

    Nixon's edict was to no longer allow dollars be converted to US gold reserves.

    I see now and stand corrected.