Lex Fridman Podcast
#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom
Jennifer Burns
He just wanted a political benefit that came from it. Then comes the moment where the U.S. Treasury Department realizes we're going to run out of gold. What should we do? And everybody decamps to Camp David. And Nixon decides we're just going to stop redeeming currency for gold. It's called slamming the gold window shut. Done.
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