Dollar Devaluation: 97% Loss in Purchasing Power Since 1913

The US dollar has experienced a significant decline in its purchasing power since the Federal Reserve was established in 1913, according to Whale Insider.

Ethan Collins, a crypto journalist, reports that the dollar has lost 97% of its value over this period.

This loss of purchasing power is a concerning trend for investors and economists alike. The Federal Reserve's actions since 1913 have had a profound impact on the US economy, leading to inflation and a decrease in the dollar's value.