What Happened in 1972 That Made Prices Skyrocket and Wages Stagnant
December 17, 2024
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0:31Trump Manhandles Macron with One of the Most Dominating Handshakes Ever
0:54Now PlayingWhat Happened in 1972 That Made Prices Skyrocket and Wages Stagnant
YouTube Description
as posted by the channelA deep dive into historical CPI data reveals a sharp spike in inflation after 1972 when the U.S. abandoned the gold standard. The shift unleashed unchecked money printing, driving prices and forcing both spouses into the workforce.
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