[MCF]

I believe the whole inflation and decline of the dollar started with LBJ's policies. The Great Society, Vietnam, massive Interstate Highway construction, the Man to the Moon mission.
We stopped using Silver in coins in 1965. There was far too many Dollars out there then there was Gold to back it up long before Nixon took office.

[drSteve78]

decline of the dollar started with LBJ’s policies. The Great Society, Vietnam.

———— theses two policies, exactly. Simplistic yes, one was buying poverty people votes and punishing achievers of any level, and the second was diversion, “ look at those bad people , over there!”

No different than many Democrats blaming Nixon for Vietnam War. Gulf of Tonkin was McNamara’s baby, and Long Big Johnson is its father.