Permanent historical factsheet

Second Dollar Devaluation

United States of America · Government / Republican Party Government. Chronological records rendered directly from the World History Database.

1Records
1973Date range
1Named people
1Places

Chronological records

1973

George Pratt ShultzFebruary 1973

Washington · Government / Republican Party Government

The United States announces another dollar devaluation, later setting the official gold price at 42.22 dollars as major currencies move toward floating exchange rates.

Names involved

George Pratt Shultz

Provenance

This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.