With all the harrumphing amongst presidential candidates in regards to raising the minimum wage and/or closing the supposedly sexist pay gap, I can't help but ponder: Rather than bureaucratically coercing businesses to pay more money to employees, what if the Federal Reserve worked at raising the value of the US dollar? After all, the value of the US dollar has only fallen 2,297.3% since the federal government was given control to regulate inflation upon the creation of the Federal Reserve Act in 1913. Only 2 ,297.3%. That's all. To put it another way, according to the US Inflation Calculator , an item priced at $1.00 in 1913 would cost $23.97 in 2015, with 2,297.3% being the cumulative rate of inflation. Now, while the US Inflation Calculator website defines Inflation as ' continuously rising prices ,' the site also defines Inflation as ' the continuous fall in the value of the dollar .' Hence, the value of the dollar has fallen 2,297.3% since 1913 ,
If Being a Housewife is Wrong, I Don't Want to be Right!