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Some interesting 1971 events from Wikipedia [0]

- February 8 – A new stock market index called the Nasdaq Composite debuts.

- February 14 - Western oil companies sign a treaty with 6 Khalij el-Arab countries to stabilize oil prices

- February 21 – The Convention on Psychotropic Substances is signed at Vienna. Essentially, banning psychedelics globally.

- April 1 – The United Kingdom lifts all restrictions on gold ownership

- April 20 - Swann v. Charlotte-Mecklenburg Board of Education: The Supreme Court of the United States rules unanimously that busing of students may be ordered to achieve racial desegregation.

- May 5 – The US dollar floods the European currency markets and threatens especially the Deutsche Mark; the central banks of Austria, Belgium, Netherlands and Switzerland stop the currency trading.

Not implying any correlations here. Just amazing what all was going on at the time.

[0]: https://en.wikipedia.org/wiki/1971




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