Once again I never said that gold backed dollars at the time. I know the removal of the dollar from gold happened a little time before.
Nixon followed advice from his economic advisors who forsall the coming turmoil with the dollar. It was a much discussed item that the dollar was backed by a commodity of decreasing utility and increasing volatility. It was also projected that those with the commodity e.g. oil would be in the driver's seat of the US economy if the dollar continued to be backed by gold.
You are accurate I believe in that the oil shocks were in part caused by removing gold backing from the dollar. It also played a part in the heavy inflation of the 1970s. Had gold not been removed, the consequences would have been more severe in terms of volatility in valuing the dollar.
This is the second time you stated I was 'wrong'. In each case you assumed I was saying things that I did not say. I have to infer your aim is to dismiss anyone who questions your reasoning as 'wrong'. If that is the case I'm not sure I will respond in the future.
i just respond to what you say, rather than what you think you said.