No soup for you!

GOOD MORNING

We became slaves of the fiat system. President Nixon terminated the convertibility of the U.S. dollar to gold.

My little sister was born.🤷

GOOD MORNING! ☀️⚡️🫡☕️

Going off gold standard to the petrodollar devastated the value of the dollar. But I wouldn’t touch that processed soup back then or now 😂

Nixon “ helped control inflation” 😒

Good morning! Great that we are not in 1971.

Good morning!

And look at that variance of price, shows how much uncertainty and difficulty in pricing inflation causes.

What happened in 1971 is that the global financial system finally adapted to the decades-old knowledge of Hubbert peak theory, because markets are very slow, not "hyper-efficiently forward-looking" as people with economist brain syndrome like to pretend

Am I alone in feeling a chart like this should be log and not linear?

Tomato soup became more scarce than United States Bolivars

Nothing... and everything.

Good morning 🌞

This is the graph I refer to most from wtfhappenedin1971

I was born in ‘71. Never known a day without gross monetary debasement.

Factory workers retired