this post was submitted on 15 Apr 2024
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The problem is I dont know what you mean by a depression, we have had a series of recessions, and we are kicking the can down the road. And most of the dams and bridges were made BEFORE we went off the gold standard.
The problem is that you are just repeating modern monetary policy talking points and you probably will just hand wave away all these charts to some other random thing. But what you should notice is how poor people are having a hard time affording food and housing and other basic necessities. And to pretend that fiat currency isnt exactly what the rich want is just silly and makes no sense.