Godlike Productions - Conspiracy Forum
Users Online Now: 2,415 (Who's On?)Visitors Today: 1,138,302
Pageviews Today: 1,437,038Threads Today: 250Posts Today: 4,552
10:13 AM


Back to Forum
Back to Forum
Back to Thread
Back to Thread
REPORT COPYRIGHT VIOLATION IN REPLY
Message Subject Economic Doom News - Financial Market Turning Points - 2013 through 2020
Poster Handle No Dhimmi
Post Content
Go to the Minneapolis Fed website and use their "inflation calculator" and pretend that you had $100 in 1913 - the year the Federal Reserve was slipped into operation (along with the income tax). How much money would you need today to have the same purchasing power?

Top Right of this link:
[link to www.minneapolisfed.org]

You will need more than 23-times more dollars today to buy what $100 would buy in 1913. Not only that, but we can reasonable expect that the purchasing power of money will continue to be "watered down" in order to "make up" enough paper - or fiat - money for the accounting to work out without us going Greece.
 
Please verify you're human:




Reason for copyright violation:



News