iceworm (@unconscious2)

Mike Lee's "End the Fed" post quotes a viral image from @LibertyCappy showing the U.S. dollar’s purchasing power dropping from $100 in 1913 to $3 today, highlighting inflation since the Federal Reserve’s creation in 1913. The Federal Reserve, a private-public banking system, is criticized for enabling this decline through monetary policies like money printing, which devalues currency; gold, as noted in a reply, retained value, with $100 in 1913 (4.84 oz) now worth $16,260. Historical data from the St. Louis Fed (CUUR0000SA0R) confirms this erosion, showing a 97% loss in