The Nixon Shock: The Closing of the Gold Window in 1971 (HOM 35-C)

History of Money, Lecture 35, Pt. C: survey of the events leading up to Richard Nixon's Executive Order 11615, on August 15, 1971, suspending the convertibility of the US dollar into gold, and thereby, in effect, ending the Bretton Woods System. Includes a discussion of Charles de Gaulle of France and the concept of exorbitant privilege.
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Dr. Jonathan Barth received his PhD in history from George Mason University in 2014. He specializes in the history of money and banking in the early modern period, with corollary interests in early modern politics, empire, culture, and ideas. Barth is Associate Professor of History at Arizona State University and Associate Director of the Center for American Institutions at Arizona State University.
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