Nixon had to take USA off any sort of hard money standard in order to print up trillions of un backed Dinetos. Needed to pay off the Vietnam e
War bonds that LBJ ran up. He ran them up because — as he correctly observed— the American people eill give me their. It’s to send to the war trenches. But they will never give me the taxes needed to pay for the war.
Took all that to get us out of the demonrat’s war that really began under Truman in 1952.