nixon shock
Word Rarity
Rare
Frequency: Zipf frequency 3.80 in modern English
26
Scrabble Score
10
Letters
1
Syllables
8
Unique Chars
Meaning
name
A series of economic measures undertaken by United States President Richard Nixon in 1971, in response to increasing inflation, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold.
Etymology
Inflected Forms
the Nixon shock (canonical)