December marks the 100th anniversary of the creation of the Federal Reserve Bank which is responsible for inflation. The Fed, which is not accountable to the government, has caused the US dollar to lose over 95% of it’s value during this time.
Tag: money
The half cent, the smallest denomination of United States coin ever minted, was discontinued by the Coinage Act of 1857
When the US Dollar collapses, just as all currencies have historically done so, gold will have infinite value priced in dollars.
Every day more money is printed for Monopoly than the U.S. treasury.
