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WTF Happened In 1971?
(wtfhappenedin1971.com)
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this post was submitted on 28 Apr 2024
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I dunno i read all those graphs and think.
Well there was a lot of banking deregulation from 1971 onwards?
Let's give that bank regulation idea another shot maybe - it can't do worse.
. . .but then i also think - good on china for that one child policy.
I'm just not getting anywhere near the Hayeck conclusion from the same data.
The take that the homepage is trying to sell you, hinted at by the Hayek quote.
This homepage is usually posted by right wing libertarians.
The US Libertarian Party was founded in 1971. Not saying there's a causative link...
Wow, they're dumber than I thought if they think this makes their point.
Although then again, their general ideals have swayed the more mainstream of many large western governments and international financial institutions for 40-50 years.
So there must be something to this tactic of making a hotch-potch of random graphs.
because the average statistical literacy is somewhere below the ability to point out Kirghistan?