The surge of women entering the workforce in the 1980s was an economic imperative, not just a cultural shift. The severe inflation of the 1970s, following the break from the gold standard, destroyed the purchasing power of a single salary, making a second income necessary for most families.
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The wealth divide is exacerbated by two different types of inflation. While wages are benchmarked against CPI (consumer goods), wealth for asset-holders grows with "asset price inflation" (stocks, real estate), which compounds much faster. Young people paid in cash cannot keep up.
Women's rising socioeconomic status has led to "hyperandry," where men marry "up" economically. This is now the norm for the bottom 40% of male earners and the top 20% of female earners, creating a new social landscape with unresolved cultural tensions and mismatched preferences.
Decades of currency debasement through money printing have made asset ownership essential for wealth preservation. Since a house is the most intuitive asset for the average person, owning one transformed from a component of the American Dream into a compulsory defense against inflation.
The spike in 1970s oil prices was a direct reaction to the U.S. abandoning the gold standard. Oil-producing countries were no longer being paid in gold-backed dollars, so they raised prices from $3 to $40 per barrel to compensate for the currency's rapid loss of purchasing power.
Stable marriage is increasingly correlated with high income. While 75% of men in the top income quintile marry, only 25% in the bottom quintile do. This reframes the decline of marriage not as a cultural choice, but as a clear marker of economic class division.
The cultural conversation around parenting and domestic labor is outdated. Data shows Millennial fathers perform three times the amount of childcare as their Boomer predecessors. This massive, unacknowledged shift in domestic roles means many media and political narratives fail to reflect the reality of modern, dual-income family structures.
Executive Order 6102 forced citizens to surrender gold so the government could unilaterally reprice it from $20.67 to $35/ounce a year later. This instantly devalued every dollar in existence by 41%, a move necessitated by years of money printing to counterfeit their own currency.
Past economic models, like the 1963 poverty line calculation, assumed childcare was a minimal or non-financial cost covered by family. Its evolution into a major household expenditure, comparable to housing, means these frameworks no longer reflect the financial reality of raising a family.
The affordability crisis isn't solely about price inflation; it's also driven by "cultural inflation." The expected size of a starter home has ballooned from under 1,000 sq ft in the 1950s to nearly 2,500 sq ft today. This dramatic shift in consumer expectations fundamentally alters the affordability calculation.
Data shows that while men reinvest 35% of their wealth, women reinvest 90% back into their families and communities. Empowering women economically is not just about individual success; it's a powerful strategy for circulating capital and creating systemic, positive change in entire communities.
