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in todays video Im going to show you exactly how steep of a drop the purchasing power of those living here in the United States has suffered were going to look at it through the prism of the US dollar were going to look at our purchasing power over time and yes it is absolutely true that the US dollar has lost about 98 of its purchasing power since 1913 the year when the Federal Reserve was created I will share with you the timeline in just a minute you will see just how steep of a decline it has been and also well talk about how Central Bank digital currency cbdc plays into this this is really important to know at least in my opinion because it gives you an idea of where things are heading and of course Im talking about the introduction of cbdcs here as well as what this might mean for your bank account the illustration right here is such a good one in my opinion on the very bottom you see see what just one dollar could purchase back in 1913 it could purchase 30 Hersheys choco