The opinions expressed by columnists are their own and do not represent our advertisers

Tuesday, May 06, 2014

Think the Fed Destroyed the Dollar?

Two U.S. Presidents Did More to Destroy the Value of the Dollar Than The Fed Ever Did

It's often cited that the dollar has lost 95-98% of its value since the creation of the Federal Reserve in 1913. While Fed policies have contributed to the devaluation of the dollar over the past 100 years, two U.S. Presidents did more in single actions to debase the dollar than the Fed ever did.

The Dollar Destroyers: President Franklin Delano Roosevelt and Richard Milhous Nixon.

Stroke of the pen, law of the land, kind of cool! Paul Begala - Aide to President Clinton, on presidential executive orders

Franklin Delano Roosevelt- Executive Order 6102

No comments: