U.S. Dollar Purchasing Power Plummets by 97% Since 1913

The value of the U.S. dollar has significantly decreased since its inception in 1913. According to Layah Heilpern, owner and host of The Layah Heilpern Show, the dollar's purchasing power has dropped by a staggering 97%. This means that an item costing $3 in 1913 would now cost approximately $100.

Heilpern questions whether this decline is accidental, implying that there may be underlying factors contributing to the devaluation of the U.S. dollar over time.