Cycle 7 · 17 May 2020#8 Harnessed to confinitude- 38:44"Tricky Dick"; in 1971 he decoupled the dollar from gold: nothing remains but to believe — credo, credit.
Appears in 10 videos · 10 passages, 2 of them in depth.
Dominique Pagani discusses Nixon from three angles. The most frequent is the "Nixon shock" of 1971, which ended the convertibility of the dollar into gold. He sees it as the start of the crisis and the opening of the present period12. Since this decoupling, he says, no one knows what currencies are worth anymore3. He plays on the nickname "Tricky Dick": all that is left is to believe in the dollar, and he links credo and credit4. He also returns several times to Nixon's attitude towards Allende. Recordings let him be heard insulting Allende, calling him a "bastard" during the assault on the Moneda, or rejoicing at his death5. Finally, he ties Nixon to Cold War geopolitics. With Kissinger, he splits Moscow from Beijing6. He comes to an understanding with China against Vietnam and the USSR, and under his presidency the American services exploit the Sino-Soviet tension78.
Summary produced automatically from 10 of the passages below, to be reviewed; the numbers link to the moment in the session.
Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was the 37th president of the United States, serving from 1969 until his resignation in 1974. A member of the Republican Party, he represented California in both houses of the United States Congress before serving as the 36th vice president under President Dwight D. Eisenhower from 1953 to 1961. His presidency saw the reduction of U.S. involvement in the Vietnam War, détente with the Soviet Union and China, the Apollo 11 Moon landing, and the establishment of the Environmental Protection Agency and Occupational Safety and Health Administration. […]
Read the article on WikipediaText: Wikipédia, CC BY-SA 4.0, excerpt · Portrait: Department of Defense. Department of the Army. Office of the Deputy Chief of Staff for Operations. U.S. Army Audiovisual, Public domain
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