This page is a good education in how to misinform with data. Slap an arrow across as many different graphs, establish something resembling a pattern, and like a

This page is a good education in how to misinform with data. Slap an arrow across as many different graphs, establish something resembling a pattern, and like a good magic trick, have the viewer do the research and (seemingly) come up with the "correct" explanation. In this case you are supposed to find out that that 1971 was the end of the Bretton Woods system (and probably, more importantly to the Bitcoin promoters who run this website, the final end of the Gold Standard in the US). However, now that you know the purpose of the magic trick, it's easier to peak in and see the misdirection. There are basically two things going on: - The end of the Gold peg changed a lot about how things were valued, nearly overnight. So a lot of graphs relating to real values based in currencies had enormous changes, even if the fundamentals underlying them did not substantially change. This even impacts inequality metrics - since the money supply was no longer artificially limited, you see high-earners holding on and collecting more of it - rather than, say, fine art or T-Bills. And graphs that mark depreciation against gold are obviously going to be slanted. - The gold peg failed in the first place because of rapidly changing demographic and consumer trends. You can see this where the arrow was lazily plopped in the middle of sweeping curves or trends. Like the rising cost of chicken starting in 1934. Or the numbers of divorces. Or the rise of dual income families. For most the graphs on this page, 1971 is not a significant date at all.