Proof Engine Verification: The purchasing power of the US dollar has declined by more than 90% since the Federal Reserve was established in 1913.

Verdict: PROVED - The US dollar has lost **96.85%** of its purchasing power since 1913, as measured by the Consumer Price Index (CPI-U). This exceeds the 90% threshold by **6.85 percentage points**. - $1.00 in 1913 has the purchasing power of approximately **$0.0315** in 2024 — equivalently, $1.00 today buys what $0.03 bought in 1913. - Two independent CPI sources (rateinflation.com: 96.8494%, inflationdata.com: 96.8440%) agree within 0.005%, both sourcing from the U.S. Bureau of Labor Statistics. - The result