What happened in 1971?

[pmbug]

Saw this website this morning. Kudos to whoever set it up.

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...

wtfhappenedin1971.com

also

 

[Joe King]

I tell people about that site all the time. Makes it pretty clear that a gold standard plays an important role.

 

[searcher]

Podcast from site. Nothing to see.



Source: https://wtf1971.com/

 

[pmbug]

 

[nickndfl]

The fiat jig appears to be up with gold going parabolic. Right now it's central banks. When silver starts rolling find as many clean pairs of underpants you can.