Dec 20, 2013 ... As the Fed turns 100, the question should be: What has the Fed done well? ... 23,  1913, President Woodrow Wilson signed the Owen Glass Act, creating ... to  protect the soundness of the dollar and banks and also to lessen the jarring ... the  dollar has lost between 95 and 98 percent of its purchasing power.
Jan 5, 2011 ... The letter states: "The Fed, which was created and initially funded with ... Since  that time, the U.S. Dollar has lost 98% of its purchasing power." ... in the U.S.  dollar since the inception of the Federal Reserve system in 1913.".
Why has the US dollar lost 98% of its purchasing power since the creation of the  Federal ... What were the major effects of the Federal Reserve Act of 1913?
A glaring omission: Wages have gone up dramatically since 1913. ... Since the  Fed was created in 1913, "the U.S. Dollar has lost 98% of its purchasing power.".
Why has the US dollar lost 98% of its purchasing power since the creation of the  Federal Reserve in 1913? 2,174 Views · Why does the US dollar bill have stars ...
Since the Fed was created in 1913, "the U.S. Dollar has lost 98% of its purchasing power."