Some old history lesson from back in the day tells me that the Federal Reserve in 1912 had something to do with it. . . and, or, the Brits went the gold standard in '31 and Nixon to us off the gold standard in '71 but Jimmy Carter got blamed for the consequences.

You should be careful, Mike, lest you contribute to the magamania that wants to blame our very effective, conscientious President for the shifting sands of time and human folly.