The decline of the U.S. dollar has deteriorated 98% since the Federal Reserve was created. FDR’s 1933 Executive Decrees initiated the removal of precious metal backing from the US dollar by taking us off the gold standard. Thereafter, dollars were only redeemable for silver until 1971. President Nixon then removed the dollar’s silver backing.
Make Money Free Again
Two days after Donald Trump became the first American since Grover Cleveland to win nonconsecutive presidential elections, the Federal Reserve announced a quarter-percent cut in interest rates. Following this announcement, Fed Chairman Jerome Powell held a press conference and said that he would not comply with any presidential request that he step down before his … Read more