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> wtfhappenedin1971.com — how many economic indicators went off track in 1971, around the time the US got off the gold standard. Oh god, how can anyone serious
by jcranmer 4y ago
> wtfhappenedin1971.com — how many economic indicators went off track in 1971, around the time the US got off the gold standard.
Oh god, how can anyone seriously recommend this site. It lists lots of economic indicators, prominently indicating 1971, insinuating that everything was caused by the Nixon Shock... when it's clear from several of the graphs that the inflection point was closer to 1980.
There's just so much bad pop history and other stuff here, but that site really has the chutzpah crown for telling you a "truth" while simultaneously presenting facts that nakedly debunk it.
- ncmncm 4y agoMore important is the plan laid out in the Powell Memorandum, detailing how the right wing of both parties would work over decades to claim power in the US. Where we live now is exactly where it charted.