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There is a graph showing the house prices in Amsterdam in the Netherlands, and an arrow pointing at 1971 - but unlike the US, the Netherlands left the gold stan
by maartenscholl 3y ago
There is a graph showing the house prices in Amsterdam in the Netherlands, and an arrow pointing at 1971 - but unlike the US, the Netherlands left the gold standard already in 1936, and according to that graph the house prices went lower for several decades after 1936.
- mikhailfranco 3y agoIt's mostly oil price shock, combined with coming off the gold standard, caused by huge US deficits (Vietnam, Apollo, 'Great Society'). But hey, you did have a Nazi invasion, which is not a good thing. I assume it took some time to recover.