Too bad he let his actions speak louder than his words. Nixon Ends Convertibility of U.S. Dollars to Gold Nixon was in bed with China. A major supplier of arms and assistance to North Vietnam. Mao got his "One China" policy from Nixon. Nixon is the one that started the US becoming dependent on Chinese goods. Nixon started the "war on drugs". Thereby creating the underground market. All large dealers in the US are government (CIA) controlled. Tax burden from hell. He has a phrase of his own (Nixon Shock) that people gave him because of the stupid shit he did to this country. H&R Block has the same type of phrase called "Sticker Shock" when they reveal how much it costs to do your taxes. > The Nixon shock was 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 cancelation of the direct international convertibility of the United States dollar to gold. Actions make a man. Not words. Nixon was a piece of shit sell out.