us completely sever any link to the gold standard in 1971.
us completely sever any link to the gold standard in 1971.
when did the us completely sever any link to the gold standard?
1971
on april 19, 1933, the united states domestically abandoned the gold standard, whereafter independent states would remain assured of their us dollar holdings by an implied guarantee on their convertibility on demand: the bretton woods system formalized this international arrangement at the conclusion of world war ii, before the nixon shock unilaterally cancelled direct international convertibility of the us dollar to gold in 1971.









































section::::see also.









































bullet::::- gold standard









































bullet::::- resumption act









































bullet::::- bland-allison act









































bullet::::- sherman silver purchase act









































section::::external links.









































bullet::::- gold standard act (text of the act)









































bullet::::- gold standard act of 1900 (discussion)
gold standard act
gold standard (disambiguation)









































a gold standard is monetary standard under which the basic unit of currency is equal in value to and exchangeable for a specified amount of gold.









































gold standard may also refer to:









































bullet::::- gold standard issue, a definitive series of postage stamps issued by the soviet union between 1923 and 1927









































bullet::::- gold standard (test), a diagnostic test that is the best available under reasonable conditions









































bullet::::- gold standard (carbon offset standard), a widely accepted standard for evaluating the value of carbon offsets









































bullet::::- gold standard laboratories, a record label
gold standard (disambiguation)