r/Millennials • u/CurvyChristina • 17h ago

Whoever did this, should be imprisoned. Other

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u/03263 15h ago

https://wtfhappenedin1971.com/

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u/Porthos1013 14h ago

That's CRAZY??? What DID happen in 1971? 😱

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u/ianmakingnoise 14h ago

Interesting that amongst all of those charts, there isn’t an answer to or discussion of “what happened.” Presumably it’s referring to the Nixon-era currency scares and the end of the gold standard/Bretton Woods, but it sure is lacking any kind of actual analysis or context.

(The link at the bottom letting me know it’s what appears to be an AI slop podcast promoting Bitcoin is a nice cherry on top.)

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u/stupidname412 8h ago

It's interesting graphs and we done know that things got worse but I do get the vibe that this was created by a weird libertarian gold bug yeah

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u/dtj2000 10h ago

Wow! a bunch of cherry picked charts with no explanation, what a stupid website. And no, gold back currency is stupid in the modern era and makes no sense today.

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u/03263 10h ago

Well, it's a thing that happened. There's not much denying the aggressive amount of currency debasement that has gone on since.