The consumer price index over time in the US, note the creation of the Federal Reserve, and the subsequent change of pace. Also note the subsequent change of increase when the gold standard was completely removed from the US Dollar in the early 1970's. H/t ZeroHedge
Increasing prices as related to an increasing currency without a commensurate increase in wages? Check.
A currency increase unrestrained by any backing requirement? Check.
A currency quadrupled in quantity over the past 10 years and not yet reflected in this chart? Check.
Dire consequences to follow? History says, Check.
Increasing prices as related to an increasing currency without a commensurate increase in wages? Check.
A currency increase unrestrained by any backing requirement? Check.
A currency quadrupled in quantity over the past 10 years and not yet reflected in this chart? Check.
Dire consequences to follow? History says, Check.
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