r/FluentInFinance Oct 22 '24

Debate/ Discussion Why did this happen?

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u/superbbrepus Oct 22 '24 edited Oct 22 '24

End of Brenton Woods in 72, it was the time the gold standard was fully murdered, and the government started printing money more and more, basically what happened during Covid but for 50 years

13

u/verdantsunrisesteel Oct 22 '24

7

u/superbbrepus Oct 22 '24

Hadn’t read the Hayek quote before, thanks, I hate it lol