The Federal Reserve in the last two generations, have devalued the dollar by around 94%. I guess Bailout Ben is doing his very best to finish off the job. Greenspan in his term, cut the dollar value in half. The media labeled him as some sort of magical hero. There is a reason why the gold market has been moving in the last ten years. The reason is the Federal Reserve.
The Federal Reserve in the last two generations, have devalued the dollar by around 94%. I guess Bailout Ben is doing his very best to finish off the job.
ReplyDeleteGreenspan in his term, cut the dollar value in half. The media labeled him as some sort of magical hero.
There is a reason why the gold market has been moving in the last ten years. The reason is the Federal Reserve.
http://cryptogon.com/wp-content/uploads/2010/10/stimulated.jpg
ReplyDeleteA graph you would enjoy.