Remember the GOAL of the Federal Reserve is to ACHIEVE 2% inflation over time. So, their goal is to decrease your purchasing power by 18.3% every ten years. Even using their fake under-reported CPI, they have managed to decrease the dollar’s purchasing power by 91.8% since 1950. And you are wondering why you can’t get ahead?
Ron Paul is right, it’s high time we ended the Fed. Of course JFK wanted to issue money directly and we all know how THAT turned out.
I’ll give Kennedy credit for wanting to dismantle the CIA. But he did not want to issue bullion backed debt free money, as is often asserted.
http://www.freedomforceinternational.org/freedomcontent.cfm?fuseaction=jfkmyth
Westcoaster
Lincoln did basically the same thing with the same results.
Just a coincidence I’m sure.
Let’s see, I got my first ‘professional’ job in 1974 – gross of $610/month; paid $55/month for a furnished apartment. My HOA fees for a (fortunately) paid for retirement town house now are more than twice that. Yep, I’ve really gotten ahead over the decades – NOT!
this article
… and that graph should be printed out and handed out liberally. I forwarded them to my daughter who last time voted for Ron Paul and somehow now is supporting Bernie…wtf.
not to nitpick because i’m sure the correlation is exactly the same, but that is a Canadian chart…just saying.
Admin, is there no USSA chart? This one say Canadian. Although I’m sure the USSA one looks similar…probably worse.