New #BenGarrison Cartoon Death Of the Dollar (central banking system)

The US dollar was once based on commodities—gold, silver, and copper. It was constitutional money and since the birth of the nation the dollar was more or less stable and held its value all the way up to the Civil War. Then Lincoln decided to print up ‘fiat’ greenback currency to pay for war debt. Even though he tried to keep the printing commensurate with war production, the value of the dollar went down nearly 50 percent. Peacetime prosperity enabled the dollar to bounce back, but when the Federal Reserve was created, it began to quickly lose value. Since 1913, the dollar has lost 98 percent of its purchasing power.

read the rest of Ben's rant at https://grrrgraphics.com/death-of-the-dollar/

https://t.me/realgrrrgraphics/3419