The Bad Economics of wtfhappenedin1971
Reddit comments here
Once in a while, I get asked about the website wtfhappenedin1971.com (let’s call it wtfh1971). I first came across it when Stephen Diehl asked me about it in our interview. But apart from a reddit comment, the website never got the full course debunking I think it deserves. Let’s fix that.
What is this website?
In 75 annotated charts, wtfh1971 unsubtly tries to convince you that end of the Bretton Woods system broke society. Then, of course, wtfh1971 shills bitcoin.
In 1971,...
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