End The Scandal Ridden Fed

[Brian4Liberty]

End The Scandal Ridden Fed​

"Ever since 1913, the United States of America has been captive to an unconstitutional and immoral institution known as the Federal Reserve. The U.S. government is forbidden from counterfeiting money, so they outsourced it to a "private" cartel of banks. This is similar to how the government outsources censorship to "private" social media companies. Ever since 1913, the Fed has destroyed the value of the dollar, along with the U.S. economy; and it has financed endless wars and debts that cannot be honored. America can't be the "land of the free" as long as there's a Federal Reserve."

 

[acptulsa]

From $35 to the ounce to $3500.

The FRN is now officially worth a 1913 penny.

 

[ClaytonB]

From $35 to the ounce to $3500.

The FRN is now officially worth a 1913 penny.

Technically, it's even worse than that. In 1913 itself, gold was still legally valued at $20.67/oz. (one chart shows the street price was closer to $19/oz.) and was only re-valuated to $35/oz. in 1933 by the heister-in-chief himself, FDR. So, the USD was a 1913 penny when it passed $2,067/oz. for the first time in Oct 2020 (if I'm reading the chart right). Now, it's literally "not worth a penny."