On the recordOctober 25, 1964
As a result, the gold outflow--which averaged an alarming $1.7 billion a year from 1958 through 1960--was cut in half in 1961 and 1962, and has ceased entirely over the past 12 months.
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presidency.ucsb.eduLyndon Johnson: “As a result, the gold outflow--which averaged an alarming $1.7 billion a year from 1958 through 1960--was cut in half in…”
Editor's note · Context
Presidential Statement No. 3 on Economic Issues: Strengthening Our Balance of Payments.
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