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I personally find Wtfhappenedin1971 to be super interesting, even if the conclusion about floating currencies could be wrong. The author here hand-picks like 4

I personally find Wtfhappenedin1971 to be super interesting, even if the conclusion about floating currencies could be wrong. The author here hand-picks like 4 things out of the 50 charts, and IMO the least interesting ones. There’s some massive trends that started around 1971, where healthcare, national debt, education costs, housing, etc all just start to skyrocket, outside of just inflation. I think the 1971 author is certainly motivated in his reasoning to explain what’s going on through his lens, but the OP here seems equally motivated to decide that actually nothing is going on.

lisper 3y ago
There's a lot going on. It's just that almost none of the many things going on today started in 1971.
- notahacker 3y ago
  Not to mention quite a few of the less attractive economic trends are far more closely linked with policies that Austrian economists and most other gold bugs enthusiastically endorse...
cassepipe 3y ago
While that may be true some hand picked examples, because they are so obviously methodologically flawed that they betray either a lack of basic skills in a field or dishonesty, can completely destroy credibility. When a documentary tried to explain to me that it was so unsettling that ancient Egyptians were able to build the pyramids with heavy granite blocks that came from 900km away without even mentioning the Nile, I did not think it was worth continuing much further. (Turns out only a little part was made of granite anyways, most of it was built with stone coming from right next the pyramid)