Or have lower class families been buying plastic to increase the appearance of their quality of life for 6+ generations?
I get that we're going through mega-inflation since covid. Even before that, if you bought whole foods and clothes that aren't plastic (nylon), the ol' paycheck only stretched so far.
I'd really like to pick the brain of a self-aware Boomer and find out how long it's been like this.
What Nixon did had no bearing on your life at all. He removed the ability for foreign held debt to be remunerated in gold bullion.
The "gold peg" was broken in 1913, when the "federal" reserve started printing "money".