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this post was submitted on 11 Nov 2023
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Asklemmy
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The main turning point was 1971, as referenced by the website (https://wtfhappenedin1971.com/).
Nixon was the president then, and the main force was that the economy was decoupled from the gold standard
Edit: president
It makes me sad the site seems to be pushing crypto. Or maybe it's that crypto bros keep referencing the event? Chicken and egg? I dunno
Nah that was Nixon. If RFK had been elected, withdrawn from Vietnam earlier and not been corrupt, things may have gone differently
My brain goofed, I knew that. Thanks for the correction!