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Historians still debate the long-term global effects of the Nixon shock on exchange rate regimes and inflation.
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Historians still debate the long-term global effects of the Nixon shock on exchange rate regimes and inflation.
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Related words
Nixon shock
Proper noun
historical
(economics,
historical)
A
series
of
economic
measures
undertaken
by
United
States
President
Richard
Nixon
in
1971,
in
response
to
increasing
inflation,
the
most
significant
of
which
were
wage
and
price
freezes,
surcharges
on
imports,
and
the
unilateral
cancellation
of
the
direct
international
convertibility
of
the
United
States
dollar
to
gold.
Japanese Meaning
1971年にアメリカ大統領リチャード・ニクソンが、インフレ対策として実施した一連の経済政策を指します。この政策群には、賃金・価格の凍結、輸入品への課徴金、そしてドルの金との直接交換停止などが含まれ、歴史的にも大きなインパクトを与えた事象です。
Related Words
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