3 ms·
Obligatory link to WTF Happened in 1971? [0] TL;DR: many of these economic problems are tied to disconnecting the currency from gold, which screws up interest
by clarkmoody 5y ago
Obligatory link to WTF Happened in 1971? [0]
TL;DR: many of these economic problems are tied to disconnecting the currency from gold, which screws up interest rates and incentives throughout the economy.
[0]: https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/
- ska 5y ago> many of these economic problems are tied to disconnecting the currency from gold, By tied, you really mean correlated. There is at minimum no consensus on the idea that this was causal.