US President Richard Nixon’s decision to end the US promise to convert dollars into gold changed the global financial system. Getty Images
Danny Bradlow, SARCHI Professor of International Development Law and African Economic Relations, University of Pretoria.
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Danny Bradlow, SARCHI Professor of International Development Law and African Economic Relations, University of Pretoria.
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Five decades ago this month, US President Richard Nixon informed the world that the US would no longer honour its commitment to