The Secret War On The U.S. Dollar

The dollar has reportedly lost 97% of its value since 1913. Inflation is just the tip of the iceberg! This timeline is no accident, as the Federal Reserve Act was passed by Woodrow Wilson and Congress in 1913 to begin operations in early 1914. The central bank has its advantages and opposite disadvantages. While many institutions of the West are viewed as sacrosanct. Many proponents argue that central banks are like the Fire Corps coming to quench the fire. As the governor of the Bank of Canada has stated: “A firefighter has never been criticized for using too much water.” While there is an agreement to be made whether this is based on malicious intent or negligence, the fact remains that one cannot argue with the following words from Peter Drucker, who perfectly described a central banker's situation: “You can’t manage what you can’t measure.”