May 1, 2011

The Federal Reserve was established in 1913...


...and look what has happened to the dollar

3 comments:

Anonymous said...

poor dollar

Chaz said...

Are you saying the Federal reserve is responsible for the dollar going down and to the right? Do you have the graph of the dollar for all time? Also how does the dollar being moved off the gold standard factor in here?

linnette said...

Yes, Chaz. The federal reserve is responsible for the dollar's decline (then and now). Following is a link to a graph of the dollar for all time. Also shows the gold standard factor.

http://www.zerohedge.com/sites/default/files/images/SeanMaloneRiseFallDollarLarge.jpg

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