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What's Happening in the Industrial Revolution?
The us. Dollar has been pegged to a certain amount of gold, right? And you can do this thing, if you get it f you have an american dollar, you can exchange it for that amount of gold. But in the early seventies, dixon is like, fuck this. You can't actually exchange dollars for gold any more. Now every single libertarian starts every rant with fiat currency. I nea, liberals will spend nealer ril esentially tat. They blame too much government spending, well, programmes, and then wages being too high, and also bad monitary policy. There's other. Tthere's, there's a lot of other explanations for