I have written sporadically on the depreciation of the dollar since the advent of the Federal Reserve, a group of unaccountable managers appointed to tinker with what generally shouldn't be tinkered with. We don't alter the weight of a pound or the length of a foot. Why should unelected bureaucrats have the power to transform a dollar into a dime? Of particular interest has been the instructive website MeasuringWorth.com, which calculates the relative worth of today's dollar versus the dollar at any time in American history. Now, the Ludwig von Mises Institute has published this extraordinarily helpful graph illustrating the Federal Reserve's assault on a stable currency. The result is that 1789's dollar isn't even worth a dime today. One of the graph's captions asks the reader to "try to imagine what your life would be like if every dollar you had bought you 20 times as much stuff... This is the cost of inflation."

This is so true. And the Fed today is so politically motivated to adjust our currency to suit our debt load that it's all become smoke and mirrors. Recently, when Barack calls - Little Timmy G. prints.

A trillion bucks of brand new worthless green paper ain't going to help.

www.flynnfiles.com - da best. Keep it going!
Thank you