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Interesting to consider the possible effect of the establishment of the Federal Reserve in 1913.
by donn83 5y ago
Interesting to consider the possible effect of the establishment of the Federal Reserve in 1913.
- gshubert17 5y agoAnd also the devaluation of the dollar against gold in 1933. https://en.wikipedia.org/wiki/Executive_Order_6102 https://en.wikipedia.org/wiki/Executive_Order_6102 Although the graph doesn't slow much loss of purchasing power until the U.S. entered World War 2.