This video tells the full story of why Nixon devalued the dollar in 1971 and risked the Atlantic Alliance, what the balance of domestic political pressure and allied relationship management looked like in the Camp David meeting that produced the decision, and what the Nixon Shock means for how we understand the relationship between American economic nationalism and the international architecture that American foreign policy simultaneously requires and periodically disrupts.

#Nixon #NixonShock #BrettonWoods #ColdWar #AmericanHistory #PresidentialHistory #HistoryDocumentary #Dollar #AtlanticAlliance #EconomicHistory #Connally #InternationalEconomy

Disclaimer: Based on Daniel Yergin and Joseph Stanislaw's The Commanding Heights, Barry Eichengreen's Globalizing Capital, John Connally's memoir, declassified Nixon Presidential Library Camp David meeting records and Treasury Department cables, and verified historical documentation. For educational purposes.