I don't understand the point of argument.
Are you arguing that because the fed is putting more money into circulation that American's have access to less money and thus it destroys your savings?
I would argue that less stringent credit requirements combined with overspending and having to maintanin high rates of interest hurts savings more.
Of the crash of the market which ruined speculators.
Or the loss of jobs.
But I don't get what that chart is saying besides the fact that there is more money in circulation now then back in the day.
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