Wednesday, July 20, 2011

CHART: Federal Reserve Dollar Destruction


Chart demonstrating the decline in the dollar's purchasing power from 1913 to 2005.  And it's only gotten worse since '05, with the latest figures showing the dollar having lost 98% since the Federal Reserve was enacted in 1913.
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Bonus clip...
Video - Bernanke admits to Ron Paul that 'Inflation Is A Tax' - July 16, 2008
Source - Washington's Blog

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