The Federal Reserve was established in 1913 with the goal of maintaining monetary stability.
Yet, since its creation, the US dollar has lost around 97% of its purchasing power.
Interestingly, some of its strongest periods of appreciation came during major economic downturns.
A lot has changed since 1913, but one question remains:
Has the system really delivered on its original promise of keeping money stable?
Something worth thinking about. 🤔
#FederalReserve #USD #Inflation #Economy #Finance
Yet, since its creation, the US dollar has lost around 97% of its purchasing power.
Interestingly, some of its strongest periods of appreciation came during major economic downturns.
A lot has changed since 1913, but one question remains:
Has the system really delivered on its original promise of keeping money stable?
Something worth thinking about. 🤔
#FederalReserve #USD #Inflation #Economy #Finance
