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Galle-on t1_irbnac4 wrote

Ah yes, Nixon. The well renowned economic genius, Nixon.

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Khemith t1_irbp2ib wrote

wow you're a genius. It's not the President has whole team of economic advisors....

https://en.wikipedia.org/wiki/Nixon_shock

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blackmirar t1_irbsswy wrote

From that link:

> The Nixon Shock has been widely considered to be a political success, but an economic failure

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