"shock" in inglés with examples - Collocation dictionary inglés
- This act was known as the Nixon Shock.
- This became known as the Nixon Shock and marked the dollar's transition from the gold standard to a fiat currency.
- This system ended with the Nixon Shock of 1971.
- January 1973-The 1973-1974 stock market crash begins, as a result of inflation pressure, the Nixon Shock and the collapsing monetary system.
- Unusually, this decision was made without consulting members of the international monetary system or even his own State Department, and was soon dubbed the Nixon Shock.
- Since the 1971 Nixon Shock, debt creation and the creation of money increasingly took place at once.
- This is consistent with the IMF's function change during the 1970s after the Nixon Shock ended the Bretton Woods system.
- The Nixon Shock of 1971 ended the direct convertibility of the United States dollar to gold.
- This system collapsed when the United States government ended the convertibility of the US dollar for gold in 1971, in what became known as the Nixon Shock.
- In 1971, President Richard Nixon took a series of economic measures that collectively are known as the Nixon Shock.
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