zlacker

>>gmays+(OP)
The chart is just another "wtf happened in 1971" moment.

https://wtfhappenedin1971.com/

What happened in 1971? The Nixon Shock, which is when the dollar stopped being convertible to gold after it became evident that the US did not have the gold it claimed to have.

>>29athr+U7
I don't think it's purely economic. I think birth control plus legalized abortion changed relationships, and those happened at roughly the same time. (Roe v. Wade was 1972, IIRC.)

The decline of religion also probably plays a role here. You'd have a hard time blaming that on the end of the gold standard.

I mean, sure, economics almost certainly plays a role. But it's not the sole cause.