Purchasing Power of the U.S. Dollar 1913 to 2013

Purchasing Power of the U.S. Dollar (1913-2013)

$1.00

$0.90

$0.80

$0.70

$0.60

$0.50

$0.40

$0.30

$0.20

$0.10

0



1913: Federal Reserve is created



1933: FDR's executive order makes it illegal to hold gold coin, bullion or certificates



1944: Bretton Woods established the USD as the world's reserve currency



1971: Nixon closes "gold window," end of Bretton Woods, beginning of the modern-day fiat currency system



$0.05



1913 1923 1933 1943 1953 1963 1973 1983 2003 2013 Purchasing Power of the U.S. Dollar (1913-2013) 1913: Federal Reserve is created Я $1.00 $0.90 THE RESILIENCE GROUP www.resiliencegroup.com 1933: FDR's executive order makes it illegal to hold gold coin, bullion or certificates $0.80 $0.70 FOR ALLB 1944: Bretton Woods established the FUSD as the world's reserve currency $0.60 12 RAN Нз $0.50 $0.40 1971: Nixon closes "gold window," end of Bretton Woods, beginning of the modern-day fiat currency system $0.30 L11180916G $0.20 12 Aune Escobedo Cahal $0.10 $0.05 TreasureroftheUnited States. WASHINGTON ONED OLLAR NINY 1913 1923 1933 1943 1953 1963 1973 1983 1993 2003 2013 Source: U.S. Bureau of Labor Statistics