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4 sats \ 1 reply \ @Rothbardian_fanatic OP 13 Jun \ parent \ on: Price Inflation Moves Up Slightly, and Wages Still Aren't Keeping Up econ
This is all done intentionally, too. The system used to protect against that until FDR and his fellow progressive/lefty/collectivist/Marxist/socialist/communist/murderers came to power and ripped the population off in 1933.
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10 sats \ 0 replies \ @Msd0457890 13 Jun
Of course, when the gold standard was broken, what gave meaning to money was broken, what gave it value, its backing. When the gold standard was broken, it was the beginning of fiduciary madness, which meant that money was backed by nothing.
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