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2026-06-15 · nostr

↳ en respuesta a Moist · 2026-06-15

we know what happened in 71.
made debt more readily available, but it was hardly a new invention.
the entire idea of money and fudging reserves is centuries old.

also, your anger is entirely misplaced.
Baby boomers are considered born 1946 to 1964.
most of them were still in school in '71.
the oldest about 21.
you really think 21yo kids were making these sorts of decisions in the 60s and 70s?
boomers weren't reaching positions of power until the late 80s and 90s at best, so to blame them for our ills today is being a bit ignorant of history.

my parents are boomers. I've had it way easier than they did, we were on the bones of our arse when I was kid.
and I've got far more wealth than my dad ever had, and he was one of the early ones into computing.
What anger? What are you going on about? I have no interest in your family anecdotes.

Anyway, the post war period, culminating in the 80s stock market, saw the rapid adoption of policies that implemented a system that borrowed wealth from future generations. It was sudden and explosive and was... As per my joke... Like crack. Therefore the people of that era were like crackheads. End.

2026-06-15 · nostr →