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federal reserve

Thank you, President Wilson and Happy Birthday Federal Reserve! [Darleen Click]

It’s been 100 years and it has worked out soooo well! On December 23, 2013, the Federal Reserve System will celebrate 100 years of centralized banking and printing funny money. The creation of the Fed marked the beginning of America’s rampant inflation rate. For the first 125 years of American independence, inflation of any significance did not occur. What $1.00 purchased in 1789 could be had for a very reasonable