News From Gold Standard to Inflation Crisis 14/08/2024 FacebookTwitterEmail An increase in the efficiency with which governments spend money is the kind that just makes the rest of us poorer. (File) OPINION by Senator Matt Canavan When President Richard Nixon ended the gold standard in August 1971, the price of gold was $38 an ounce in […] Subscribe or Login to see the rest of the content. Username or E-mail Password Remember Me Forgot Password