1913. Federal Reserve Act passed, creating The Fed and a federal income tax was enacted.



Also, August 15, 1971 when Nixon took us off the gold standard, although there were several stages before that. August 1971 was just the final step.
ACT-5.27%
STEP-0.49%
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RooftopVIPvip
· 4h ago
The first cut in the history of capital shorting
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0xSunnyDayvip
· 4h ago
Everything is a trap, oh my goodness.
View OriginalReply0
LayerZeroHerovip
· 4h ago
The US dollar has gone off the rails~
View OriginalReply0
LiquidityNinjavip
· 4h ago
The Fed has been a pit from the very beginning.
View OriginalReply0
LiquidationWatchervip
· 5h ago
fiat = permanent exit liquidity trap... been there 1971, still hurting tbh
Reply0
SchrodingerAirdropvip
· 5h ago
Since that day, the US dollar has been eyewash.
View OriginalReply0
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