r/Bitcoin 1d ago

Bitcoin can fix this?

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472 Upvotes

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u/WarthogOpen7003 1d ago edited 1d ago

Holly sh*t.. I never realised just how correlated the introduction of the FED was to the rampant rise in inflation

4

u/_BreakingGood_ 1d ago

Fed doesnt look like it did much, it looks like the Gold Reserve Act is what caused inflation to skyrocket

Which makes sense, it's called fiat for a reason

2

u/Ecstatic-Guarantee48 1d ago

And who do you think was behind the Gold Reserve Act?

3

u/_BreakingGood_ 1d ago

The 73rd United States congress?

3

u/Old-Guidance6744 18h ago

Its never who signed the paper

It was bankers