Gold standard between 1914 to 1919 was suspended by some European nation to pay for “The Great War” with paper money.
Republican President Richard Milhous Nixon in 1973, decoupled the value of the US dollar from the price of gold. 1,090 more words
Date: Sun. 31st August
Location: ‘Pipe and Glass’ field, South Dalton, Beverley
Weather: Sunny, still, very warm
Synopsis: Men’s Seniors, Juniors, Vet40 / 107 starters / 66 in the Vet40s / one hour race / chip timing / slow, uphill start / hard packed parcours / bumpy and relentless / barriers negotiated easily / suffered in the heat / no power / lapped by leaders twice / laps 6:24, 6:27, 6:37, 6:50, 6:58, 7:02, 6:53, 6:45 / back wound held out / no crashes / great to be racing again / ace event / coffee and cake… 11 more words