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2025-12-21 18:59:34 UTC
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publius on Nostr: Starting in the 1970s makes some sense because that's when the current international ...

Starting in the 1970s makes some sense because that's when the current international regime of floating exchange rates starts. But to be clear, the British economy was NEVER healthy during the whole period that you mention. So the most one can usefully say may be "it's debatable how meaningful any of this is".