3 years ago

When did the U.S dollar become part of a total fiat system

2 answers:

lina2011 [118]3 years ago

8 0

1971, Richard Nixon officially took the U.S. off of the gold standard by canceling a policy that allowed other countries to convert dollars into gold. At that point, the U.S. dollar officially became a fiat currency

VladimirAG [237]3 years ago

4 0

I believe in the 20th century, if you need an exact date reply with yes!

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