No. They've always been there, they've always acted this way. It's not a problem because of increasing lack of patriotism, or a divided populace, it's just power and greed and people that see themselves as not beholden to to any one state. Thinking it's something it's not will just lead to proposed solutions that don't actually do much to affect the problem. Any solution needs to be internalized and divorced from the idea that this is a recent problem that we can stop caring about once we "solve" it.
The year 1971 was when the US dollar was made to float, instead of being backed by gold. [1]
I think that the website wants to have our monetary system change back to being backed by something that is a limited resource, and I bet Bitcoin fits the bill in their mind.
[1]: https://en.wikipedia.org/wiki/Gold_standard#In_the_United_St...
Edit: punctuation.
Glad they included 3000bc short term interest rates in the graph.
> The Nixon shock was a series of economic measures undertaken by United States President Richard Nixon in 1971, in response to increasing inflation, the most significant of which were wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold.
Nixon shock - https://en.wikipedia.org/wiki/Nixon_shock
Nixon and the End of the Bretton Woods System, 1971–1973 - https://history.state.gov/milestones/1969-1976/nixon-shock
Its really saddening to see the the main objective of people is to own a Lamborghini ,a mansion and live with some hoes, just like that "YouTuber guy".
Aren't you liable to wind up in situations where you find yourself saying "Ah-hah, now that person I thought was not one of the elite is now one of the elite because they didn't go to prison. Ah-hah, now that person I thought was one of the elite is not one of the elite, because they are going to prison."?
"For better or worse I've started to think of 'elites' more as people that have differential outcomes in regards to the law"
So it's not that elites don't go to prison, in this case they didn't, it's that they get extremely favorable outcomes as compared to the average population. Epstein is a good example of this. The first time he was convicted he spent a meager 1 year in prison in conditions that would never be afforded to the general public.
These hackers are another good example of this, they got a large fine but they're not spending any time in prison, and yet lots of people have gotten prison time for hacking.
Being elite is a lot different from being Scottish, in that there are only vague signals for being elite, and none of them are so easy to measure as being Scottish. I think it's safe to say that the vast majority of elites are wealthy, but I don't believe that all wealthy people are elites. There are people with a lot of localized power like mayors or state senators, but those people certainly aren't nationally elite. To my mind the clearest signal is when the system interacts with a person, how does the system behave, versus when it interacts with an average person. Now this is by no means a definition, just how I've started thinking about the question of who is elite.
Whether someone is Scottish, or any "easy to measure" fact, has nothing to do with the No True Scotsman fallacy.
https://en.wikipedia.org/wiki/Falsifiability https://en.wikipedia.org/wiki/No_true_Scotsman
What's unusual is that in the past few centuries, the rest of us have been explicitly conditioned to act in national interests.