2026-06-10
40 分钟What Nixon actually does is he sends John Connally to try and persuade the same trade partners
who are feeling so bruised to renegotiate their exchange rates with the dollar.
How did that go down?
He basically said it was their problem to figure out.
And he told them basically, you guys have to revalue your currencies.
And they said, why is all the adjustment on our side?
And he said, basically, it's your fault.
We have been subsidizing you left and right in all kinds of ways for 25 years.
You owe us.
We are not devaluing.
You're going to revalue.
And that first meeting was a total stalemate.
Today, in The Story of Money.
2:30 on Friday the 13th.
Ooh, ominous.
On August 13, 1971. The presidential helicopter Marine One is preparing
to take off from the South Lawn of the White House in Washington,
D.C. On board is the President of the United States, Richard Milhous Nixon,
along with a select group of his most trusted economic and financial officials.
They're heading off for a make-or-break meeting.