One of money’s functions is to serve as a “store of value,” meaning that its buying power should remain constant over time. That doesn’t imply that prices cannot change as new features are added to goods and services or that their desirability might change with consumer preferences causing a change in price. What it does mean is that money itself should not lose value — that barring events such as those just mentioned, prices should remain stable.
It doesn’t take much to realize that this is not what happens. The dollar has been losing value for over one hundred years, ever since the creation of the Federal Reserve Bank. What cost a dollar back then, today costs between $50.00 and $100.00. As a result, holding dollars is a terrible investment. More on page two.
“Just because you’ve made mistakes doesn’t mean your mistakes get to make you. Take notice of your inner critic, forgive yourself, and move on.” ― Robert Tew
Dodd Frank and the death of the Reserve? The oligarchs are coming
All States should do this.The federal reserve is nothing more than legalized theft. It’s about world control by elite wealthy bankers.
I hope this is true.