Fed Goal: Destroy 26% Of Dollar's Buying Power In 15 Years | WHAT REALLY HAPPENED

Fed Goal: Destroy 26% Of Dollar's Buying Power In 15 Years

Authored by Brian McGlinchey via Stark Realities,

As Americans warily eye new data showing both consumer and producer price inflation heating up beyond expectations, few of them realize the Federal Reserve has an explicit goal to relentlessly degrade the purchasing power of their savings.

The Fed weakens the dollar—and pushes prices higher—by creating new money and pushing it out into the economy. If the Fed hits its stated target, the U.S. dollar will lose 10% of its buying power over the next 5 years, 26% over the next 15, and 40% over the next 25. As bad as that sounds, history suggests the dollar will fare even worse than the Fed intends it to.

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