1971 event obliterated sound money, unleashing government-driven inflation chaos.
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WTF happened in 1971 marks pivotal economic disaster. US cumulative inflation data since 1913 reveals massive post-1971 surge. Government control of money guarantees its destruction. Good money impossible under state monopoly. Violent seizure of money power unfeasible. Only sly introduction of unstoppable alternative works. Hayek warned this in 1984. Fiat regime enables endless debasement. Inflation data indicts 1971 policy shift. Private money innovation essential to escape government ruin.
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