I'd make a case for 1913 and the federal reserve act. But yes. Nixon did a lot of damage in 1971 by taking us off the gold standard. He merely accelerated the initial destruction. Don't forget Bill Clinton repealing glass-steagall.
I'd make a case for 1913 and the federal reserve act. But yes. Nixon did a lot of damage in 1971 by taking us off the gold standard. He merely accelerated the initial destruction. Don't forget Bill Clinton repealing glass-steagall.
And getting involved in WWI. The income tax was ratified in 1913 too. Without the means to feed the beast we'd be much better off.
And getting involved in WWI. The income tax was ratified in 1913 too. Without the means to feed the beast we'd be much better off.
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