Birdwatch Archive

Birdwatch Note

2023-08-28 01:39:48 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

The FED, or the Federal Reserve, were not responsible for the end of the dollar gold standard, this was solely done by Nixon. However, he did consulted with the FED and Treasury Department. https://en.wikipedia.org/wiki/Nixon_shock https://www.investopedia.com/ask/answers/09/gold-standard.asp#:~:text=The%20gold%20standard%20is%20not,of%20the%20system%20in%201973. https://www.barrons.com/articles/gold-standard-dollar-dominance-bretton-woods-51628890861#:~:text=President%20Richard%20Nixon%20announcing%20the,15%2C%201971. US was the only major economy to end the gold standard late. https://eh.net/encyclopedia/gold-standard/

Written by 0315B156274D0C7381EDA7D1068A684D4C265870B91A4127247C12AA86AD8C19
Participant Details

All Information

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• noteId - 1695974431032558007
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• noteAuthorParticipantId - 0315B156274D0C7381EDA7D1068A684D4C265870B91A4127247C12AA86AD8C19 Participant Details
• createdAtMillis - 1693186788697
• tweetId - 1695934405385056401
• classification - MISINFORMED_OR_POTENTIALLY_MISLEADING
• believable -
• harmful -
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• misleadingOther - 1
• misleadingFactualError - 1
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• summary
• The FED, or the Federal Reserve, were not responsible for the end of the dollar gold standard, this was solely done by Nixon. However, he did consulted with the FED and Treasury Department. https://en.wikipedia.org/wiki/Nixon_shock https://www.investopedia.com/ask/answers/09/gold-standard.asp#:~:text=The%20gold%20standard%20is%20not,of%20the%20system%20in%201973. https://www.barrons.com/articles/gold-standard-dollar-dominance-bretton-woods-51628890861#:~:text=President%20Richard%20Nixon%20announcing%20the,15%2C%201971. US was the only major economy to end the gold standard late. https://eh.net/encyclopedia/gold-standard/