Anniversary · 15 August · THE ARCHIVE
I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets …
RICHARD NIXON · TV ADDRESS · 15.08.1971
Turn it over, answer, sign – free, no account.
Source
Address to the Nation, “The Challenge of Peace”, 15 August 1971, 9 pm (American Presidency Project). Omitted at the end: “…, except in amounts and conditions determined to be in the interest of monetary stability and in the best interests of the United States.”
The question on the back
What is your money still worth once the promise breaks?