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Purchasing Power of Earned Wages

9/21/2019

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     The purchasing power of earned wages of the worker is greatly diminished by deficit spending, taxation, and the Federal Reserve flooding the market with bills.  The freedom of the worker only stems from a sound currency that provides the greatest purchasing power for their earned money.  A strong dollar promotes liberty.  A weak dollar takes away the liberty of the people and oppresses them.

     "Manifestly nothing is more vital to our supremacy as a nation and to the beneficent purpose of our Government than a sound and stable currency.  Its exposure to degradation should at once arouse to activity the most enlightened statesmanship, and the danger of depreciation in the purchasing power of the wages paid to toil should furnish the strongest incentive to prompt and conservative precaution."

-President Grover Cleveland
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