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▲ andai 15 hours ago

The stagnant wage graph reminded me of this compilation of graphs:

https://wtfhappenedin1971.com/

Someone from the shadow wizard money gang will have to chime in and explain how this is all actually a good thing ;)

▲p_l 15 hours ago | parent [-]

Because it deliberately fudges things around to imply that getting off crisis-prone gold standard was the actual reason things changed, instead of other policy decisions

▲andai 14 hours ago | parent [-]

Money used to be based on a beautiful thing (positive value), and now it's based on debt (negative value). I'm no economist, but that seems self-evidently bad to me.