1971: The year they broke money

[Immutable_Mike]

Came to make a point I’ve made before:

When the US dollar is worth nothing, will Utah lead the way to a new American currency?

This. The concept of the gold standard is fundamentally the aether of economics. It’s for people who think you can nail down everything to a solid floor, which you can magic out of the universe. Physicists abandoned that idea with Einstein, and macroeconomists have done the same thing, ultimately because all prices are relative.

And welcome @dnealy!