What is Nixon Shock
In 1971, in response to rising inflation, President Richard Nixon of the United States of America implemented a series of economic measures, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold. These measures were collectively referred to as the Nixon shock.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Nixon shock
Chapter 2: Gold standard
Chapter 3: Reserve currency
Chapter 4: Hard currency
Chapter 5: Bretton Woods system
Chapter 6: Devaluation
Chapter 7: Foreign exchange reserves
Chapter 8: International finance
Chapter 9: History of the United States dollar
Chapter 10: Triffin dilemma
Chapter 11: Monetary hegemony
Chapter 12: Smithsonian Agreement
Chapter 13: Robert Triffin
Chapter 14: Currency intervention
Chapter 15: Exorbitant privilege
Chapter 16: Fixed exchange rate system
Chapter 17: Exchange-rate flexibility
Chapter 18: International monetary system
Chapter 19: London Gold Pool
Chapter 20: History of monetary policy in the United States
Chapter 21: United States and the International Monetary Fund
(II) Answering the public top questions about nixon shock.
(III) Real world examples for the usage of nixon shock in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Nixon Shock.
