Damus
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⚡️🇺🇸 WATCH - US dollar has lost 97% of its purchasing power since the Federal Reserve was created.

A $3 item in 1913 would cost $100 today.
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MindMining · 2d
And the dollar of course went up not because of the depression, but due to gold confiscation, repricing and selling by mf gov "In the United States, gold confiscation occurred in 1933 when President Franklin D. Roosevelt signed Executive Order 6102, requiring citizens to surrender their gold coins,...
mobuktu · 2d
1913 minimum wage $6/week https://fraser.stlouisfed.org/files/docs/publications/bls/bls_0176_1915.pdf
Cogito · 2d
Hyperinflation already happened. The Kenyesian's already won. Money is relative and scarcity of the dollar is governed by our military.