The View From 1776

Nixon’s Worst Act

      http://www.thomasbrewton.com/index.php/weblog/nixons_worst_act/

Far more damaging to the United States and to the free world than Watergate was Nixon’s abandonment of our limited gold standard on August 15, 1971.  Without that supremely ill-advised action, there would have been no dot-com boom-and-bust and no subprime mortgage meltdown that crippled the world’s banks, not to mention the devastating stagflation that it unleashed.

Read the New York Sun editorial: