Letter to Editor: Our Fraudulent US Dollar 

By Dave Braatz, December 3, 2025

In the Nov 25 – Dec 2, 2025 print edition in the Epoch Times, Jeff Minick’s article “War, Peace, and the True Meaning Behind Thanksgiving” says the 1933 average wage in the US was 53 cents per hour.

That average wage in 1933 could have been paid in honest money (Constitutionally-mandated gold), which would be 0.53/$20, or 0.0265 (almost 3 percent) of a 20-dollar gold piece (per hour!).

At today’s gold price of $4175, if workers continued getting the 1933 wage IN GOLD (0.0265 oz per hour) that would be over $110 per hour in today’s dollars – even with NO raises, bonuses, promotions, or inflation adjustments over 92 years.

Obviously, every worker in the US would be much better off if our monetary system had not been taken over by corrupt bankers and politicians. Then in 1933 FDR stole the US citizens’ gold and devalued the Dollar, and in 1971 Nixon defaulted on the US pledge to redeem dollars in gold internationally. Since then, without an honest currency, our “money” supply of fraudulent IOU’s has inflated by hundreds of trillions of worthless promises, backed by nothing. For the last 54 years the US has robbed the world of its labor and resources, and “paid” for it with endless fantasy Monopoly Money we created out of thin air. Monetary inflation has devalued and destroyed the Dollar, raising nominal prices for everything. The purchasing power of a dollar is 99 % LESS today than it was in 1971, and our incomprehensible debts will NEVER be repaid at their original contract value.

The Dollar is corrupt and it is dying. The US is bankrupt. The entire world is abandoning US fiat money and bonds, and our financial slavery system. The US is in desperate need of HONEST MONEY, which gold has been for over five thousand years. Swap your dollars for gold while you still can. And ABOLISH the FED!In the Nov 25 – Dec 2 print edition, Jeff Minick’s article “War, Peace, and the True Meaning Behind Thanksgiving” says the 1933 average wage in the US was 53 cents per hour.

Obviously, every worker in the US would be much better off if our monetary system had not been taken over by corrupt bankers and politicians. Then in 1933 FDR stole the US citizens’ gold and devalued the Dollar, and in 1971 Nixon defaulted on the US pledge to redeem dollars in gold internationally. Since then, without an honest currency, our “money” supply of fraudulent IOU’s has inflated by hundreds of trillions of worthless promises, backed by nothing. For the last 54 years the US has robbed the world of its labor and resources, and “paid” for it with endless fantasy Monopoly Money we created out of thin air. Monetary inflation has devalued and destroyed the Dollar, raising nominal prices for everything. The purchasing power of a dollar is 99 % LESS today than it was in 1971, and our incomprehensible debts will NEVER be repaid at their original contract value.

The Dollar is corrupt and it is dying. The US is bankrupt. The entire world is abandoning US fiat money and bonds, and our financial slavery system. The US is in desperate need of HONEST MONEY, which gold has been for over five thousand years. Swap your dollars for gold while you still can. And ABOLISH the FED!

Dave Braatz is a Nassau County Resident, with a strong interest in competing economic theories

The views expressed in this commentary are those of the author and do not necessarily reflect the official position of Citizens Journal Florida