Eraserhead! The Fed Has Been Erasing US Dollar Purchasing Power (And Money Velocity) Since 1913 (Home Price Inflation Highest In Modern US History!)

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by confoundedinterest17

The purchasing power of the US Dollar has been virtually erased since the creation of The Federal Reserve in 1913 when $1,000 in 1913 is now worth $36.36. And M2 Money Velocity (GDP/M2 Money) has crashed and burned to the lowest level in history.

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Inflation? Home price growth YoY is the highest in modern US history. And CPI growth YoY is the highest since the Financial Crisis and July 2008.

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The Fed is predicted to ease its foot off the printing press in the latter half of 2022.

 

 

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