The Picard ManeuverMar 10

"Bar car" on the NYC subway, 1962

It was a temporary stunt as part of a city-wide cleanup. The goal was to give a “first class experience” to commuters.

Show threadusername_1Mar 10
It looks like something has broken in the USA in the '70s. It only went downward from there…
Show threadThe Picard ManeuverMar 10

Ever since I learned of this, I think of it frequently:

https://wtfhappenedin1971.com/

WTF Happened In 1971?

https://inflationdata.com/articles/2022/08/10/u-s-cumulative-inflation-since-1913/ "I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop." - F.A. Hayek…

WTF Happened In 1971?
Show threadFaygoRedPopMar 10
so wtf happened in 1971 then?
Show threadYorickMar 10

My guess is the end of the gold standard as its being referenced quite a few times across the webpage and it’s at the inflexion point of lots of these graphs.

But I didn’t check if it was a major cause or just correlation.

Show threadMintyFresh

Ya, I’m always called a simpleton for saying ditching the gold standard was a mistake. But somehow a system where banker bros can just print money for each other is better?

Why should that dollar I have in my bank account be worth less year after year? Why should the 1% have access to a system of near limitless loans, allowing them to buy up and monopolize every aspect of life, from food, to housing, to healthcare?

Shits fucked if you ask me.

Mar 10 at 7:48pmWeb