US Dollar Purchasing Power At All-time Low, Gold At Near All-time High

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by confoundedinterest17

Since The Federal Reserve system was signed into law by President Woodrow Wilson in December 1913, the US Dollar purchasing power has declined from near $1,000 to $38.6 today. (an all-time low). That is a 96% drop in purchasing power. On the other hand, gold has risen to a near all-time high.

This is happening as M2 Money Velocity plunges to 1.097, an all-time low.

“Now for our next trick, The Federal Reserve will make the US Dollar disappear!”

 

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