Nixon WAS a crook, but not for Watergate, he was a crook for taking us off the Gold Standard, enlarging the Great Society, and meeting with the Deca- Murduring Mao. Would NEVER have voted for that Globakist big government rhino. Schmidtz 72!
He did not have a choice.
LBJ had "uncovered" our gold already and it went from over sixty percent of our script was backed by physical gold reserves down to forty percent to twenty five in less then six years. Foreign countries were taking our dollars and exchanging them for gold at $35 an ounce. Our dear buddies in france were among the worst offenders.
We were at the point of either having to buy gold on the world market and give it, at a loss to other countries or going off the gold standard.