Double Whammy! US Dollar Lost 97% Puchasing Power Since Creation Of Fed, Public Debt UP 188% Since Obama/Harris

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by confoundedinterest17

The US taxpayer has suffered a double whammy under The Federal government. First, thanks to the Federal Reserve, the purchasing power of the US Dollar has fallen 97% since the creation of The Federal Reserve in 1913 (under Woody Wilson).

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The second leg of the double whammy is the staggering $36 TRILLION is public debt, up from $321 million in 1966. That is a remarkable increase, most of it happening under Obama/Biden then Biden/Harris or 188% since Biden/Harris. Yes, Trump is sanwiched in between Obama and Biden for a scant 4 years.

While we love to blame Presidents, it is really the fault of Congress since The House controls the budget. And The Federal Reserve.

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Double whammy!