- Category: Current State Of The Matirx
- Published: Wednesday, 05 April 2017 00:14
- Written by Stefan Gleason
- Hits: 50
According the Bureau of Labor Statistics’ own historical inflation data, a penny in 1913 (the year the Federal Reserve was created) had the same buying power as a quarter does today. But decades of steady currency devaluation through inflation have taken their toll on our once valuable circulating coins.
Read More on What The Death Of The Penny Means For Our Money