!!! Overview [{$pagename}] is an [Executive order] by [President of the United States of America] (NIXON) signed On 15 August [1971|Year 1971], Nixon pursuant to the [Economic Stabilization Act of 1970|https://en.wikipedia.org/wiki/Economic_Stabilization_Act_of_1970]: * unilaterally imposing 90-day wage and price controls * a 10% import surcharge * "closed the gold window", making the [United States Dollar] inconvertible to [gold] directly, except on the open market: effectively bringing the [{$pagename}] to an end and rendering the [United States Dollar] a [Fiat Currency]. !! More Information There might be more information for this subject on one of the following: [{ReferringPagesPlugin before='*' after='\n' }]