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by atlih 3226 days ago
Financialization of the economy. The fall of Bretton-Woods. The fall of the gold standard. The repeal of Glass-Steagall.
1 comments

>The fall of the gold standard.

>The fall of Bretton-Woods.

1971, not 1973

>The repeal of Glass-Steagall.

1999, not 1973

Macroeconomic changes take longer than just a few hours to have an impact. I included Glass-Steagall repeal because merely focusing on 1970's and nothing that happened there after is myopic