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When did the U.S dollar become part of a total fiat system

User Gariepy
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2 Answers

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1971, Richard Nixon officially took the U.S. off of the gold standard by canceling a policy that allowed other countries to convert dollars into gold. At that point, the U.S. dollar officially became a fiat currency

User Dowi
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6 votes

I believe in the 20th century, if you need an exact date reply with yes!

User Nathan Ostgard
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