yup, people on online communities think Reagan screwed America up but IMO the real underlying cause was abandonment of gold standard. It basically provided a de

yup, people on online communities think Reagan screwed America up but IMO the real underlying cause was abandonment of gold standard. It basically provided a decoupling of monetary policy from underlying physical inputs like energy (gold traditionally used to be a proxy for that). once money was 'freed' the politicians & elites were empowered to do whatever as they can always print more. is it any wonder all the pro-corporate/anti worker policies & prison population exploded since the 80s. Now something more controversial, in my fairytale ending I'd have expected proof-of-work type crypto currencies to have provided at least some counter balance to the fed money printer but in really bitcoin/crypto because more correlated with liquidity. I doubt that going to change ever.