The purchasing power of the U.S. dollar has seen a staggering decline over the past century. From 1913, when the "Federal Reserve" was created, to 2019, the dollar’s "value" dropped by 97%! 😳
Key historical events like the Wall Street Crash, Bretton Woods Agreement, Oil Crises, Dot-Com Bubble, and the Lehman Brothers collapse marked this downward trajectory. Policies such as quantitative easing and Trump’s "tax cuts" in the late 2010s further contributed to this erosion.
This stark decline highlights the impact of inflation, monetary policy, and economic crises on the dollar’s "real value" over time, which trends toward ZERO! 😆😂🤣
#Economy #USDollar #Inflation
#Bitcoin fixes this! 🌞