CrusaderFrank
Diamond Member
- May 20, 2009
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The easiest way to show you that Conservatives (not Republicans) are the best leaders for the US economy follows:
Note the buying power of the US dollar falls off the cliff after the 1913 creation of the Federal Reserves.
The only interruption was Harding/Coolidge and Mellon were in charge of the country and let the markets find their own pricing. With the same dollars, between 1921and 1931, everyone became and felt 50% richer.
Once Progressives Hoover and FDR took over, the US Dollar continued it's depreciation
Note the buying power of the US dollar falls off the cliff after the 1913 creation of the Federal Reserves.
The only interruption was Harding/Coolidge and Mellon were in charge of the country and let the markets find their own pricing. With the same dollars, between 1921and 1931, everyone became and felt 50% richer.
Once Progressives Hoover and FDR took over, the US Dollar continued it's depreciation