what if the currency had't been floated

What if Nixon hadn't floated the dollar, how would this have impacted the economy? Do you think the US economy would have endured a much longer stagflation?
 
A lot depends on what measures the US adopts instead of floating the dollar; no president could afford to simply ignore stagflation, so I think that even if Nixon chose to maintain the Bretton Woods system there would be major reforms.
 
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