WTF Happened in 1971?

Comments

• farngis_mcgiles@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  richard nixon happened

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• nomecks@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Yeah, I wonder what…

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  Don’t get your hopes up, if we went back to the gold standard Billionaires would just corner the market and fuck us anyways. We’re well past that course of action.

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  • KingSlareXIV@infosec.pub ⁨1⁩ ⁨year⁩ ago

    Unfortunately nearly every graph on that page is intentionally misleading. If you actually adjust the graphs for inflation (where it’s relevant), 1971 looks like just another year.

    Lying with statistics!

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    • reddig33@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Go watch some price is right episodes on YouTube — one from each year of the 1970s. It’s astounding how much the prices drastically change on automobiles and food just over a year or two.

      Strangely, basic clothes washers, dryers, refrigerators, and stoves seem have the same pricing as today.

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    • eestileib@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      Relative income share is not affected by inflation.

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• DontRedditMyLemmy@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Boomers took control

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• epyon22@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

  Replace arrows with Regan presidency

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  • Bob_Robertson_IX@discuss.tchncs.de ⁨1⁩ ⁨year⁩ ago

    This was a decade before Reagan.

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