Is it just me or does anyone else think the LBJ administration and the fallout militarily, financially and culturally from their decisions was a turning point in American history, resulting in decline?
It seems like the Johnson administration was the beginning of disaster after disaster for the country.
” a turning point in American history, resulting in decline?”
That would be the inception of the Federal Reserve.
In my view, the start of the fall was WWII, where we adopted the fascist scientists and agents and brought them into Western civilization to head our agencies in order to counter the Soviet Union.
It actually goes back farther, when the bankers colluded by creating federal reserves in every country to control the economies.
Yes
It started with the Fed and Wilson’s stupid decision to go into World War 1.
The end of stable currency.
LBJ abolished silver coinage, signing the Coinage Act of 1965 into law on July 23, 1965. This legislation authorized the U.S. Mint to begin striking dimes and quarters in a cupro-nickel clad alloy with a pure copper core.
All of the debased, cupro-nickel coins were dated 1965 (or later), which allows modern-day silver stackers to easily distinguish them from 1964-and-earlier dated 90% silver coinage.