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To: MtnClimber

Well, inflation did not start with Carter or Biden. It actually started with Woodrow Wilson.
An item that cost $1.00 in 1913 currency will cost you $28.40 in today’s fiat currency.
That my friends is a 2739.9% inflation rate, thanks to Woodrow Wilson and his “Federal Reserve”, which is neither federal nor a reserve.


10 posted on 02/11/2022 4:10:18 AM PST by Tupelo (“Don't underestimate Joe's ability to f*ck things up” (Barack Obama))
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To: Tupelo

While factually true, inflation did not accelerate until Nixon took us off the gold standard, and fiat money began to crash regularly. Dollar devaluation from 1913 to 1973 was mild, extreme from 1973 to present.


13 posted on 02/11/2022 4:56:51 AM PST by Freedom_Is_Not_Free (America -- July 4, 1776 to November 3, 2020 -- R.I.P.)
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