• Drekzak@lemm.ee
      link
      fedilink
      English
      arrow-up
      26
      ·
      1 year ago

      What DID happen?! Why are there only questions on this site, I need answers.

      • sol@lemm.ee
        link
        fedilink
        English
        arrow-up
        21
        arrow-down
        1
        ·
        1 year ago

        The United States abandoned the gold standard. I am guessing the point of this website is to suggest that was a bad thing. There is a lot of debate around the gold standard and most “mainstream” economists have no love for it, so I’m not saying the website is right or wrong, just that that’s what it’s about.

      • arcrust@lemmy.fmhy.ml
        link
        fedilink
        English
        arrow-up
        11
        ·
        1 year ago

        Let’s not forget that Nixon also got the controlled substance act passed in 1971 and kick started the war on drugs.