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3232As the Fed Turns 109 Years Old, the US Dollar’s Purchasing Power Eroded by More Than 96% Since It Was Created
https://www.digit.info/as-the-fed-turns-109-years-old-the-us-dollars-purchasing-power-eroded-by-more-than-96-since-it-was-created/
Sun, 25 Dec 2022 19:30:56 +0000https://www.digit.info/2022/12/25/as-the-fed-turns-109-years-old-the-us-dollars-purchasing-power-eroded-by-more-than-96-since-it-was-created/Read more]]>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 […]