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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 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 ...
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 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) This page was last edited on 27 January 2020, at 10:35 (UTC). Text is available under the Creative Commons ...
1971 events in North America by month (15 C) 1971 events in Oceania by month (14 C) ... August 1971 events (3 C, 6 P) September 1971 events (3 C, 4 P)