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When Was America's Peak Wealth?

When Was America's Peak Wealth?

Submitted by Raul Ilargi Meijer via The Automatic Earth blog,

A few days ago, I wrote an essay entitled “Not Nearly Enough Growth To Keep Growing”, in which I posited, among many other things, that “..the Automatic Earth has said for many years that the peak of our wealth was sometime in the 1970’s or even late 1960’s” along with the question “..was America at its richest right before or right after Nixon took the country off the gold standard in 1971?”

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