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Anton Frattaroli's avatar

The reason for this is straightforward: in 1971 credit lost its gold boundary. That let it outpace productivity and ratchet inequality, which reshaped society more than people realized. Once living standards diverged, temperaments hardened into different coping ideologies: some leaned toward redistribution, others toward nativism, others toward technocracy. What looks like “cultural polarization” is downstream of that structural credit shift. You can see it compound over time.

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