What Is the Nixon Shock? Definition, What Happened, and Aftereffects

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nixon Key Takeaways · The Nixon Shock relates to an economic policy shift undertaken by President Nixon to prioritize jobs growth, lower inflation, and exchange rate The Night Kennedy and Nixon Were Bunkmates They would become rivals, but on an overnight trip early in their careers they demonstrated a kind Nixon implicitly accepted MAD when he announced at a 27 January 1969 press conference that his goal was suffi- ciency not superiority in nuclear weapons

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