"Nixon shock" meaning in English

See Nixon shock in All languages combined, or Wiktionary

Proper name

Forms: the Nixon shock [canonical]
Rhymes: -ɒk Etymology: From Richard Nixon + shock. Etymology templates: {{com|en|Richard Nixon|shock}} Richard Nixon + shock Head templates: {{en-prop|def=1}} the Nixon shock
  1. (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. Tags: historical Categories (topical): Economics, History of the United States
    Sense id: en-Nixon_shock-en-name-gQ5Msnh1 Categories (other): English entries with incorrect language header, Pages with 1 entry, Pages with entries Topics: economics, sciences
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This page is a part of the kaikki.org machine-readable English dictionary. This dictionary is based on structured data extracted on 2024-11-28 from the enwiktionary dump dated 2024-11-21 using wiktextract (65a6e81 and 0dbea76). The data shown on this site has been post-processed and various details (e.g., extra categories) removed, some information disambiguated, and additional data merged from other sources. See the raw data download page for the unprocessed wiktextract data.

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