| ▲ | mothballed 2 days ago | |||||||
The period from 1776-1913 arguably had as many changes as the period from 1913 to 2025. In the first 130 years of the US, the value of the dollar didn't change, as far as I can tell, more than 50% from the starting point. From 1913 to 2025, the dollar lost 96+% of its value. The difference between a ratio of 2:1 and a ratio of more like 30:1. | ||||||||
| ▲ | woodruffw 2 days ago | parent [-] | |||||||
> The period from 1776-1913 arguably had as many changes as the period from 1913 to 2025. I'm not arguing it didn't. But I think in kind the US's global economic position didn't change substantially between full independence in 1783 and 1913. It grew during that period, but the idea of the US as a peer (and then dominant) economic world power is a distinctly post-WWI one. | ||||||||
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