One of President Nixon's actions that likely had the most positive influence on the suffering economy was his decision to take the United States off the gold standard in 1971. This allowed the government more flexibility in printing money and implementing monetary policy to stimulate the economy. Additionally, Nixon's policies to open up trade with China and establish detente with the Soviet Union helped to improve international relations and create new economic opportunities for American businesses. Overall, these actions likely had the most positive influence in helping to revive the struggling economy during Nixon's presidency.
