50 years ago, on August 15, 1971, President Richard Nixon shocked the financial world by ending the convertibility of the dollar to gold, upending the monetary and currency exchange system that had been in place since 1944. This week Nick Sargen, author of Global Shocks, joins us for a WEALTHTRACK podcast to explain the consequences of that momentous decision which are still being felt today.
This week, while public television conducts its summer fund-raising drive, we are revisiting an interview with Jason Zweig, a highly respected thought leader in financial journalism. Watch it again here.
