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August 15, 1971: Emirate of Bahrain declares independence August 31, 1971: The old British penny, worth 1/240th, discontinued as decimalisation begins August 22, 1971: Colonel Hugo Banzer leads revolution to overthrow president of Bolivia August 2, 1971: Apollo 15 astronaut David Scott's replicates Galileo's experiment on the Moon
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August 7 – Apollo 15 returns to Earth. August 11 – Construction begins on the Louisiana Superdome in New Orleans. August 15 – President Richard Nixon announces that the United States will no longer convert dollars to gold at a fixed value, effectively ending the Bretton Woods system. He also imposes a 90-day freeze on wages, prices and rents.
August 1971 events in the United States (1 C, 5 P) September 1971 events in the United States ... This page was last edited on 15 October 2023, at 08:06 (UTC).
Pages in category "August 1971 events in the United States" The following 5 pages are in this category, out of 5 total. This list may not reflect recent changes. C.
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States President Richard Nixon on 15th August 1971 in response to increasing inflation.
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August 1971 events in the United States (1 C, 5 P) This page was last edited on 27 January 2020, at 08:52 (UTC). Text is available under the Creative Commons ...