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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Tuesday, April 12, 2022
The purchasing power of the US dollar is down 9.4% since Joe Biden was elected in November 2020, just sixteen months ago
Percent change from a year ago is shown
From 38.4 to 34.8 on the index = 9.375%.
From the spring to the summer of 1933 when FDR confiscated gold and devalued the dollar from $20 to $34 (70%), the decline in this index was 5%, and then 14% by 1940.