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Episode 67 : RICHARD NIXON The Man Who Saved the Union (Part 13) The Christmas Present to the Nation; Bretton Woods, Drugs, Wars, Spies and the National Cancer Act of 1971
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In our Season 4 finale we look at several of the initiatives that Richard Nixon began at the end of 1971 that we are still benefitting from or are impacted by today.
In 1971 Richard Nixon changed the monetary system for the United States ending the Breton Woods system and taking the United States off the Gold Standard. It was a dramatic economic move that is still debated. It certainly unleashed the amount of money flowing into the economy but it has led to ever increasing amounts of debt that is now at a crisis level in this country.
In 1971, Richard Nixon also went to war…
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