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So US growth started stagnating in 1974 (allegedly). There's something familiar about that number. Something to do with the gold standard? Coincidence?
by Tycho 16y ago
So US growth started stagnating in 1974 (allegedly). There's something familiar about that number. Something to do with the gold standard? Coincidence?
- tastybites 16y agohttp://en.wikipedia.org/wiki/1972_Nixon_visit_to_China http://en.wikipedia.org/wiki/1972_Nixon_visit_to_China
- groby_b 16y agoUnless you can back up that statement with anything else but speculation, yes. 1974 is also the year I got my first chemistry kit. That's about as relevant to the discussion.
- Tycho 16y agoIt wasn't a statement, it was a question. So now questions about monetary policies in threads about economic stagnation are being down voted on HN, good to know.