During 2020, ex Federal Reserve Chair Janet Yellen printed an unprecedented amount of money: over 4.49 trillion usd. These pandemic relief measures brought the public debt of the United States from 23.4 trillion U.S. dollars in February 2020 to around 27.9 trillion U.S. dollars in February 2021.
Nearly 1 out of 6 dollars in circulations was printed last year.
Since 2000 the purchasing power of the USD lost 51,9%.
George Washington is screaming because fiat has no value anymore.
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