3 ms·
The fact the US left to gold standard on August 15, 1971 was a necessary condition for this inflation to happen. The cause, of course, is a confluence of many f
by njarboe 8y ago
The fact the US left to gold standard on August 15, 1971 was a necessary condition for this inflation to happen. The cause, of course, is a confluence of many factors. With complex adaptive systems like an economy there really is no one reason something happens.