Word: nixon
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Dates: during 2000-2009
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SDRs were created to supplement the Bretton Woods currency regime, which was built around a dollar linked to gold. After President Richard Nixon decoupled the dollar from gold in 1971 and allowed it to float freely in currency markets, the subsequent dollar crash led to talk of establishing the SDR as global reserve currency. That faded when the high interest rates set by Federal Reserve Chairman Paul Volcker to throttle inflation lured foreigners back to the dollar in the early 1980s...
...more angry than you did. At one debate, Betty Friedan said to you, "I'd like to burn you at the stake." In 1972 the feminist movement made the ratification of the Equal Rights Amendment their major goal, and they had every advantage. They had three Presidents, Nixon, Ford and Carter, [behind them]. They had all the governors. They had 99% of the media. They had organizations, they had Hollywood stars, movie stars, and they felt I was responsible for not letting them get what they wanted. So they were mad about...
...Think back to when a President could dominate the news by simply leaving the country and posing for some photo ops. Maybe he'd even sneak in some history-making diplomatic feats. Exhibit A: Richard Nixon. He's remembered for his 1972 trip to China almost as much as he is for Watergate. And while it's conceivable that relations with the Communist country could have been normalized without a face-to-face meeting between Nixon and Chairman Mao Zedong, news photos of the two leaders shaking hands - not to mention images of Nixon walking the Great Wall and eating...
...Nixon was the first U.S. president to visit the Asian nation and the jaunt, which came smack in the midst of the Cold War, was a huge boon for the President's public image. The trip ended with the Shanghai Communique, a joint statement from China and the U.S. that pledged to improve relations between the countries and maintained that Taiwan was part of China, a diplomatic sticking point. At the close of the journey, Nixon crowed, "This was the week that changed the world." (See TIME's 1972 Cover Story "Richard Nixon's Long March to Shanghai...
...Nixon's China trip was successful, but it's not as if he ended a war. Woodrow Wilson's trips in 1919 to the Paris Peace Conference, however, led to the signing of the Treaty of Versailles at the end of the first World War. During the second, Franklin D. Roosevelt, one of the most widely-traveled U.S. presidents in history, journeyed all over the world to confer with leaders about the conflict. In 1945, near the end of WWII, he attended the Yalta Conference in the Soviet Union with the other Allied leaders, and the end result...