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Re:The US Is a Banana Republic: The 1% Own More Wealth Than ... by jeltz on Monday October 11, 2021 @07:19AM (#28827063)
Especially since the US abandoned the gold standard in the 1930s, and the issues with wealth inequality clearly existed with the gold standard.
Re:The US Is a Banana Republic: The 1% Own More Wealth Than ... by AnimalMuppet on Monday October 11, 2021 @01:10PM (#28830537)
The dollar was pegged at $35 from 1933 to... was it 1973? In what sense had the US abandoned the gold standard in the 1930s? What is your definition of the gold standard, where the dollar pegged to gold isn't enough to mean you're on the gold standard?
Re:The US Is a Banana Republic: The 1% Own More Wealth Than ... by Werewolf255 on Monday October 11, 2021 @07:23AM (#28827098)
It's funny how the time of the gold standard was the other time in US history where it was a banana republic but I'm sure that's a coincidence and not a collary.
Re:The US Is a Banana Republic: The 1% Own More Wealth Than ... by Qub3d on Monday October 11, 2021 @01:36PM (#28830800)
What about Bretton Woods? That existed until the Nixon administration.