WTF Happened In 1971?
"I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take it violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they ca...
August 15 1971 ----- the Nixon Shock
The growth in administrators one is super informative. This is the mechanism by which institutions are first subverted and then subjugated.
Regulatory Capture:
Actually money isn't in the hands of the government. As we have no bank, and the government seceded control to the central banks.
When you break the connection between money creation and physical GDP growth (i.e. financial removed), and start printing wantonly, you get more financial GDP growth, but the physical real GDP growth does not grow that much faster, and neither does the compensation for it.
It's the last hurrah of this current monetary system, the final crescendo of which we will witness within a decade.
See that giant dip during WW2? That's all it's gonna take to fix the economy: a giant war of unfathomable death and unimaginable terror.