Hidden Erosion of Corporate Worth Since U.S. Abandoned Money

“For 173 years, the United States used money as a medium of exchange. In 1965, it switched to using a floating accounting unit. This change coincided with a dramatic yet hidden reversal in the net trend of worth for U.S. corporations.  The shift to fake money in 1965 just happens to coincide with the year that divides the long term trend of corporate worth in the United States from mostly up to mostly down.  This chart reveals the breathtaking rise in total U.S. corporate worth during the money period and exposes the stunning net destruction of U.S. corporate worth since the start of the non-money period.”

http://www.elliottwave.com/freeupdates/archives/2014/05/07/THE-HIDDEN-EROSION-OF-CORPORATE-WORTH-SINCE-THE-GOVERNMENT-ABANDONED-MONEY.aspx

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