lost its value. it takes $23 to buy today what $1 could back in 1913 you have to go back to 1913. inflation is two percent a year. historically that s pretty good. this isn t a big mystery, though. the federal reserve has saved a lot of money but the banks are holding most of it back. they are holding it at extra reserves because the fed started paying mutual funds extra returns. such a form of robbery, actually. i mean, yeah, it s a serious issue. you can t get a return on your money any more from savings. you can t save an investment. that is precisely what this policy is discouraging. let s go back to the rome parallel free trade rules they