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The new Government Put aside tightened up the money likewise have and you can inflation is significantly reduced in the brand new eighties, and therefore the value of the newest You.S. buck normalized. This is largely as a result of the prevailing financial look at at the time you to inflation and you will genuine monetary growth were linked (the fresh Phillips bend), and so rising cost of living try considered apparently safe. Within the Bretton Woods system founded immediately after World war ii, the value of silver try repaired in order to $35 for each oz, and also the worth of the new You.S. dollar are thus secured to your value of silver.
