The US Dollar Has Lost 97% of Its Value Since 1913: Is Bitcoin the Way Out?
Since the Federal Reserve was created in 1913, the US dollar has lost about 97% of its purchasing power, according to the Bureau of Labor Statistics CPI-U. A 1913 dollar buys roughly 3 cents’ worth of today’s goods, meaning $1 back then is worth about $33 to $34 in 2026. What 113 Years of Inflation The post The US Dollar Has Lost 97% of Its Value Since 1913: Is Bitcoin the Way Out? appeared first on BeInCrypto.
Key Takeaways
- Since the Federal Reserve was created in 1913, the US dollar has lost about 97% of its purchasing power, according to the Bureau of Labor Statistics CPI-U.
- A 1913 dollar buys roughly 3 cents’ worth of today’s goods, meaning $1 back then is worth about $33 to $34 in 2026.
- What 113 Years of Inflation The post The US Dollar Has Lost 97% of Its Value Since 1913: Is Bitcoin the Way Out?
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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