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511 sats \ 1 reply \ @SimpleStacker 13 Dec 2023 \ on: Biden, Media Gaslight People about Inflation econ
https://wtfhappenedin1971.com/
I've mentioned this elsewhere, but every so often I work on historical price series data. When we check for structural breaks, there's pretty much always something in the early 70's and it usually baffles whoever I'm working with. They try to think of explanations specific to whatever good or service we're analyzing. When I point out that the monetary system changed, they look at me like I have two heads.
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