$1 in 1913 = $27.25 today $1 in 1971 = $6.69 today $1 in 2009 = $1.26 today The buying power of $1 today is 3% of what it was in 1913 (FED created) 13% of what it was in 1971 (Bretton Woods collapse, beginning of fiat petrodollar era) The US dollar has lost over 20% of its value in the same period Bitcoin went from 0 to 65k Unlike Bitcoin, the dollar never regains its value once lost. [link] [comments] |
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