Anonymous ID: 87c161 April 17, 2024, 7:46 p.m. No.20740484   🗄️.is 🔗kun   >>1060 >>1109 >>1222

America's Greatest Threat

 

1913 Federal Reserve created

Given exclusive authority over US monetary system/policy

Today, $31 buys same amount of goods as $1 would buy in 1913

That is, value of dollar down to being worth just 3 cents today

Cumulative Inflation 1913-2024: 3,054%

1971 Nixon fully takes US off gold standard (FDR started in 1933)

Cumulative inflation 1913-1971: 309%

US dollar becomes complete fiat currency

Cumulative inflation has risen another 2,745% since 1971

Inflation is a feature, not a bug, of the Fed's fractional reserve system

It always goes up

Rate of increase may go down, but still going up

Fed can't stop inflation

Cumulative inflation rose 138% under Trump (2017-2020)

Cumulative inflation has risen 417% under Biden (2021-2024)

Point is that cumulative inflation goes up significantly regardless of who is POTUS

Rate of increase lower with Trump

But still going up

The most important question:

What specifically is any politician seeking to lead the people

going to do to reverse inflation and increase the value of the

dollar to a nickel, a dime, anything greater than 3 cents??

Given the rate of cumulative inflation, how long until those last

few cents of value are squeezed out of the dollar??