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Nixonism
noun
Nixon
name
Nixon
Nixon to China
phrase
Nixon in China
phrase
Nixon shock
name
(economics,
historical)
A
series
of
economic
measures
undertaken
by
United
States
President
Richard
Nixon
in
1971,
in
response
to
increasing
inflation,
the
most
significant
of
which
were
wage
and
price
freezes,
surcharges
on
imports,
and
the
unilateral
cancellation
of
the
direct
international
convertibility
of
the
United
States
dollar
to
gold.
Nixon goes to China
phrase
only Nixon could go to China
proverb
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