The US dollar has lost roughly 97% of its purchasing power since the Federal Reserve was established in 1913, highlighting more than a century of inflation and fueling comparisons with Bitcoin as an alternative store of value. According to CPI-U data from the Bureau of Labor Statistics, $1 in 1913 had purchasing power equivalent to approximately $33 to $34 in 2026. Put differently, one 1913 dollar would buy only about 3 cents worth of goods at todays prices. The decline reflects 113 years of inflation spanning two world wars, the high-inflation period of the 1970s and the sharp price… Read more
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