On 15 August 1971, in an adress to the nation, US President, Richard Nixon, announces the implementation of his new economic policy and speaks in detail about the measures taken to increase prosperity in the United States.

Am 17. August 1971 berichtet die Tageszeitung Süddeutsche Zeitung über die mutmaßlichen Folgen für die internationale Wirtschaft, nach der Entscheidung der Vereinigten Staaten den Dollar vom Gold abzukoppeln.

On 17 August 1971, the Italian newspaper Corriere della Sera expresses concern about the economic consequences, in Europe and throughout the world, of the United States' unilateral decision to suspend the dollar's convertibility into gold.

On 17 August 1971, the French newspaper Le Monde sets down the reasons for the announced suppression by the United States of the dollar’s convertibility to gold and points out the risk of a devaluation of the American currency.

'The currency standard'. In this cartoon published in the German newspaper Süddeutsche Zeitung on 17 August 1971, the cartoonist, Murschetz, portrays the end of the dollar's convertibility into gold as a precursor to the dollar's freefall on the world's stock markets.

On 18 August 1971, the French President comments on the US decision to suspend the convertibility of the dollar into gold and calls for closer monetary cooperation at Community level.

On 24 August 1971, at a meeting of the GATT Council in Geneva, the European Economic Community (EEC) condemns the protectionist measures taken by the US President, Richard Nixon, regarding international trade.

Auf einer Pressekonferenz im Élysée-Palast am 25. September 1971 analysiert der französische Staatspräsident Georges Pompidou die Währungspolitik der Vereinigten Staaten und plädiert für eine Neuorganisierung des internationalen Währungssystems.

Georges Pompidou, President of the French Republic from 1969 to 1974.

On 25 April 1994, French daily newspaper Le Monde recalls the US motivation for deciding, on 15 August 1971, to suspend the convertibility of the dollar into gold.