Shout out to the followers of wtf happened in 1971. Because of all your independent research, and constantly sending us interesting data, the presentation continues to improve.
Wtf happened in 1971 that has allowed this type of astronomical weakening of our money to continue for so long? Why does everything keep getting more expensive if we have technology to make life easier?
Everyone has been getting fatter since the 1970s when High Fructose Corn Syrup started invading all of the foods...but what enables the government to throw billions of dollars of subsidy at corn production to make this possible?
The percentage of young adults living with parents, grandparents, older siblings or roommates has nearly tripled since 1971, new data from the Pew Research Center shows.
I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interests of the United States.
Is your cart full of food at the grocery store suddenly more expensive than it used to be? This is no accident. WTF happened in 1971 that has caused things to only get more expensive year after year?
Here it is back to 1904. Appears the great American consumer would rather pay down their credit than go out and buy needless widgets. Mnuchin and Powell will need a new plan to force spending rather than debt paydowns.