House of Morgan – DIGIT INFO

As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created

DIGIT — Sun, 25 Dec 2022 19:30:56 +0000

109 years ago, the U.S. Federal Reserve was created and ever since that day, the purchasing power of the U.S. dollar has dropped a great deal. Since the Fed started, more than 96% of the greenback’s purchasing power has been erased via inflation. The Purchasing Power of the U.S. Dollar After the Creation of the […]

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The Eerie Similarities of Today’s Great Monetary Shift and the Panic-Led Creation of the Federal Reserve System

DIGIT — Sat, 09 Apr 2022 18:30:05 +0000

While many Americans believe the U.S. Federal Reserve is the caretaker of the country’s monetary system, its also believed to be one of the worst financial institutions ever created. In 2022, amid a gloomy economy, war, and a number of global crises, the possibility of a great monetary shift has increased. The preceding years filled […]

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From Gold to Greenbacks: A Look at the US Dollar’s Devaluation, Manipulation and Militant Backing

DIGIT — Fri, 26 Feb 2021 17:30:38 +0000

228 years ago the U.S. dollar was created and ever since then, the national currency has been both powerful and controversial at the same time. Moreover since 1971, after being backed by precious metals for decades, American dollars have been backed by nothing and estimates say a quarter of the U.S. monetary supply was created […]

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American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System

DIGIT — Sat, 30 May 2020 16:15:05 +0000

The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken with some kind of fear. […]

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Federal Reserve Considers Creating a Separate Entity for Cash Injections

DIGIT — Wed, 08 Jan 2020 19:30:54 +0000

While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank will reduce interest rates to zero in […]

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Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society

DIGIT — Wed, 10 Jul 2019 00:00:07 +0000

It’s very odd that citizens never get to vote or have any say in regard to society’s money, even though it’s one of the most important aspects of everyday life. In fact, in developed countries, most central banks are institutions that are privatized from political interference and history explains why. Also Read: IRS Agents Propose […]

The post Money and Democracy: Why You Never Get to Vote on the Most Important Part of Society appeared first on Bitcoin News.

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