Nixon was good kicking around the commies but a terrible president. He was nearly as communist as FDR. So many big stupid federal agencies we have to deal with that never should had been created and no more gold standard.
i cant blame Nixon for doing away with the gold standard — it was a necessary step if he was to pay off the (coming due then) Viet Nam multi-zillion-dinero war debt bonds. The only way to pay them off was to seriously depreciate the dollar.
Just as I can’t blame President Trump today for doing similarly, what with all the debt from Obamacare and corruption payouts and what appears to have been outright thefts?
38 TRILLION debt...it will either have to be renounced or else paid off with seriously depreciated fiat dollars (the latter is what is happening, probably the better of the two rotten options) imho