×
Login Register an account
Top Submissions Explore Upgoat Search Random Subverse Random Post Colorize! Site Rules
18

WTF Happened in 1971?

submitted by Antiliberalsociety to MemoryHole 3.0 yearsMay 6, 2021 21:18:11 ago (+18/-0)     (wtfhappenedin1971.com)

https://wtfhappenedin1971.com



10 comments block


[ - ] HughBriss 3 points 3.0 yearsMay 7, 2021 08:32:13 ago (+3/-0)*

A few mentioned Nixon taking US currency off the gold standard. That was part of a larger program of policy changes, including a 90-day freeze on wages and prices, that were put into effect in mid-1971. It's now referred to as "the Nixon shock".

https://infogalactic.com/info/Nixon_Shock

[ - ] NaturalSelectionistWorker 2 points 3.0 yearsMay 7, 2021 09:17:57 ago (+2/-0)

Jews ended Bretton Woods which shielded American workers from the effects of currency inflation at the jew-run Federal Reserve and then workers stopped getting raises.

Also we've had a Jewish head of the Fed for 45 of the last 50 years.

Also jews stole 1/3 of your pay and gave it to themselves.

https://www.unz.com/article/one-third-of-american-workers-pay-is-being-stolen-heres-how/

[ - ] beece 3 points 3.0 yearsMay 6, 2021 22:27:41 ago (+3/-0)*

1971, Nixon takes the US off of the Gold Standard. The dollar "floats" and is more valued along the lines of import - export and how people "feel" about it. 1972 Nixons China trip opens up the US to the China mfg companies.

opps, just realized you have a graphic better explaining what I just noted. Yup. Looks like they will take us down by over borrowing next.

[ - ] account deleted by user 2 points 3.0 yearsMay 6, 2021 21:21:09 ago (+2/-0)

account deleted by user

[ - ] Antiliberalsociety [op] 2 points 3.0 yearsMay 7, 2021 09:10:28 ago (+2/-0)

That was 1975

[ - ] account deleted by user 1 point 3.0 yearsMay 7, 2021 01:27:28 ago (+1/-0)

account deleted by user

[ - ] account deleted by user 1 point 3.0 yearsMay 6, 2021 23:03:12 ago (+1/-0)

account deleted by user

[ - ] Teefinyomouf 0 points 3.0 yearsMay 7, 2021 08:57:32 ago (+0/-0)

1970s was a decade of high inflation, high interest, and poorly performing stocks.

[ - ] GlowNiggerDick 0 points 3.0 yearsMay 7, 2021 06:15:41 ago (+0/-0)

It was 1976 sunshine laws that kicked corruption into high gear. Before 1976 all votes were secret. After 1976 how politicians vote became public record and lobbyists could confirm that their bribes were being honored.

[ - ] SparklingWiggle 0 points 3.0 yearsMay 6, 2021 22:10:39 ago (+0/-0)

The text for catbox link and the actual link do not match.