Comment: You can blame Lyndon Johnson for that

(See in situ)

In reply to comment: FDR and Nixon may have done (see in situ)

You can blame Lyndon Johnson for that

He was spending on:

the space race
the Vietnam war
the Great Society
Medicare

His spending is what got the other countries nervous that the US did not have enough gold to back the dollar and redemptions increased during the 1960's

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