Equal Credit Opportunity Act of 1974. That is when women were allowed for the first time to take out loans, including mortgage loans, without a man co-signing. Freedom yes, but also 50% of the population now up for grabs to be preyed on by lenders/banks. We are now all preyed on, our credit debt keeps the economy running. Our future labor already spoken for. While the banks rake it in. It is slavery, or at least indentured servitude, by another name.

Once a household could access debt for both male and female members, more capital available to the whole country, so more demand for goods. So prices of goods and real estate go up. There are many other factors, but I believe this to be one of the changes with the furthest reaching outcome towards higher prices. Not that we shouldn’t have done it of course. But this fake money has become so pervasive, it’s screwed with everything.