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Inflation History Made: Fed Reaches Unprecedented 3,000% Mark!

September 26, 2023

The US economy reached a concerning milestone with inflation hitting 3,000 percent under the Federal Reserve. This high inflation rate has been exacerbated by the pandemic recession and subsequent recovery, which saw the highest unemployment rate since World War II and the highest inflation rate in four decades.

The Federal Reserve Act was passed in 1913 and from 1914 to 2022, the US price level increased by 2,920.2 percent. Adding data from the first half of 2023, which showed a 2.74 percent increase in the Consumer Price Index, brings the total inflation rate under the Fed to 3,000.2 percent.

This starkly contrasts with the relatively stable purchasing power of the dollar in the 130 years before the Fed's existence, where inflation was nearly zero percent compared to the significant inflation experienced in less than 110 years under the Fed.

This means the purchasing value of your dollar has lost over 3000%.

Let that sink in for second...

While the government and news media wants you to think inflation is at only 7%, the reality is much different.

The purchasing power of a currency is the amount of goods and services that can be bought with one unit of the currency.

For example, one U.S. dollar could buy 10 bottles of beer in 1933. Today, that does not cover the cost of a small McDonald’s coffee. In other words, the purchasing power of the dollar—its value in terms of what it can buy—has decreased over time as price levels have risen.

We find ourselves standing at a pivotal juncture. The prospect of homeownership has become an unattainable dream for the average individual. Rent prices have surged to unprecedented heights, forcing younger generations to share their living spaces with roommates just to stay afloat. General needs likes gas, food, and electricity have become much more expensive just in the last few years. Much of the younger demographic is grappling with the harsh reality of moving back in with their parents due to the astronomical increase in the cost of living since the onset of the COVID-19 pandemic.

Over the past quarter-century, my consistent message to all of you is now unfolding before our eyes. The value of the dollar has dwindled to the point of crisis, and it is clear that our government's actions have hastened its decline.

The historical track record shows that all fiat currencies eventually fail. When you entrust anything other than free markets to manage an economy, the result is an astonishing 100% failure rate.

The current state of our currency and economic system underscores the importance of understanding the dynamics at play and the potential consequences of centralized control. As we navigate these challenging times, it is crucial to consider alternative approaches that prioritize stability, economic freedom, and the preservation of value.

You already know what needs to be done.

Bitcoin Is Not Going To Save You...

The Stock Markets Are Not Going To Save You...

Government Is Certainly Not Going To Save You...

Financial Armageddon” Is Here and In the Blink of an Eye, You Could Miss the Single Greatest Wealth-Transfer Opportunity of Your Lifetime...

What is happening right now is proof that our fragmented economy is at a crossroads. Most of you will be left behind and lose a big part of your wealth, but you could weather the storm and possibly even thrive during these times. You just need to take action now!

The Morgan Report's world-class analysts and publication help you build and secure your wealth. Whether you’re new to investing or a seasoned professional, our independent and detailed analysts of these markets offer you a huge advantage when it comes to building and securing your wealth.

Protect and Preserve Your Wealth Today!

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David Morgan is a widely recognized analyst in the precious metals industry and consults for hedge funds, high net worth investors, mining companies, depositories and bullion dealers. He is the publisher of The Morgan Report on precious metals, author of “Get the Skinny On Silver Investing” (Morgan James Publishing, 2009), and featured speaker at investment conferences in North America, Europe and Asia. His website at http://www.silver-investor.com/.


USA has the world’s largest holdings of gold: 8,134 - representing 77% of its Total Foreign Reserves.
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