I wouldn't take the page too seriously: it's more of a silly meme than anything. It's kind of a hyperventilating, pseudo-schizophrenic conspiracy theory rant ab

I wouldn't take the page too seriously: it's more of a silly meme than anything. It's kind of a hyperventilating, pseudo-schizophrenic conspiracy theory rant about how the government is printing too much money how should go back to the gold standard, but it does show that a ton of stuff changed in big ways in the 70s that may have contributed to The Great Decoupling [1] (wages decoupling from productivity gains). While this page emphasizes the big macroeconomic changes and the changes to global banking, a greater contributor was probably the massive socio-political changes of the early 70s: - Unions saw their power begin to erode (leading to less bargaining power for workers) - Women entered the workforce en masse (households with dual incomes may be willing to put up with lower individual salaries if they still come out ahead) - The USSR began sputtering out (leading to a political backlash against many forms of collectivism) - Globalization started ramping up (a new glut of cheap labor) - Software started taking hold (automation of jobs, etc) Unfortunately there's not one simple, easy-to-explain reason that we can point to, but it is a strange phenomenon that we should work hard to correct if we want to live in a stable, peaceful society. [1] https://en.wikipedia.org/wiki/Decoupling_of_wages_from_productivity https://en.wikipedia.org/wiki/Decoupling_of_wages_from_produ...