Dollar's Purchasing Power Plummets by 97% Since 1913
The US dollar has lost a staggering 97% of its purchasing power since 1913, when the Federal Reserve was created.
This is according to a recent statement by Mario Nawfal.
The Federal Reserve Act was designed to establish a system to stop financial panics and stabilize the economy.
However, the reality is that the purchasing power of the dollar has been severely eroded over the years.