Stable Prices Archives - Rethinking the Dollar

The Fed’s Evolving Mandate: So Long, “Stable Prices” Here Comes Unlimited Fed Monetization

May 16, 2021 | Economic Collapse

For much of its 108-year history, the Federal Reserve had either an implied or explicit mandate to preserve the value of the U.S. dollar—and it failed spectacularly. Between the Fed’s founding in 1913 and 2012, the dollar lost approximately 96% of its buying power. In...