No wonder the US government had to close the gold window, as foreign central banks were taking advantage of the low gold price and getting rid of dollars. After 1971 President Nixon uncoupled the dollar from a fixed amount of gold and thus the real price of gold, in 1959 dollar terms, ...
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It's not adversity that scares us, but often it's fear that makes it difficult. So don't give up easily. —Joko Widodo 77 Listen, I don't know anything about polygraphs and I don't know how accurate they are, but I know they'll scare the hell out of people. —Richard M. Nix...
On Aug. 9, 1974, President Richard Nixon resigned over his role in the Watergate scandal. "I hope that I will have hastened the start of the process of healing,” Nixon said in his final speech from the Oval Office. This Getty Images photo depicts the 37th president's farewells to Wh...
Gas prices climbed in 1971, as did taxes, due to inflation and general economic instability. The situation became so dire that President Richard Nixon issued a 90-day freeze on all prices and wages in the nation. He demanded that everyone, from the individual to the corporation, cooperate vol...
Lil Bo Weep, real name Winona Brooks, was an Australian artist and social media personality. According to her father, who shared the news of her death on Facebook, she died on March 5. “She fought hard against her demons as we all did side by side next to her and picking up the ...
"Doctor used to look at us like, what spaceship did you guys get off? Now they're thirsty to know more." In medical school, most doctors learn that people with chronic conditions should take their medicine at steady rates. "It's a terrible way to treat disease," says Dr. Richard ...
On Aug. 9, 1974, President Richard Nixon resigned over his role in the Watergate scandal. "I hope that I will have hastened the start of the process of healing,” Nixon said in his final speech from the Oval Office. This Getty Images photo depicts the 37th president's farewells to Wh...
Back when Saudi Arabia and other oil exporters were doing well financially, they often bought US Treasuries, as a way to retain the benefit of their new-found wealth, which they did not want to spend immediately. Similarly, when China was doing well as an exporter, it often bought US Trea...
I never realized I did it." His time in Boston came as a result of an injury he suffered during one of the "Burn The Floor" tours. "I hurt my knee and had to have an operation … Unfortunately, I wasn't recovered in time to go back on the next tour, so I needed something ...