"The dollar has lost 97 percent of its value..."
This is only an issue if you're treating the dollar as a long-term investment. After all, we're talking about a timespan of 101 years here.
Nobody has their retirement money or investment money in savings accounts. If they have them in government backed securities at all they'll be in treasury bills, whose returns have greatly exceeded inflation. $10,000 invested in a 10-year treasury fund 10 years ago would be worth $17,000 today.
Agreed..but....
1 If they know or worse target a 33% devaluation in 20 yrs or 2% per year and fix interest rates at negative or zero and by printing money and other economic policies that they cause inflation and particularly food inflation
The Real Inflation Fear - US Food Prices Are Up 19% In 2014https://www.google.com.ph/search?q=food+inflation+2014&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=sb&gfe_rd=cr&ei=iF66U529JMuE8Qf08IGwAgand these people are public servants elected by the population and with an obligation to protect and warn from /of issues that adversely effect the electorate. If they do not publicly and prominently warn the public ( like on cigarette packets health warnings) that their policy is to devalue and the effects that it will have on savers (get out of fiat) pensions, cost of food and utilities etc will lead to loss of purchasing power/standard of living, then they are not fulfilling their obligation and arguably should be party to a class action suit by the electorate for recovery of the billions in losses incurred by those affected parties LOL!!!!! accompanied with windfall taxes on the financial entities "in the know" or with preferential treatment that these policies allow to make billions out of almost no assets or assets "created" by the Fed for their use.
inflation/ devaluation of currency is a normal part of the financial cycle and world..the difference is they are targeting it by policy without the necessary "health/ wealth" warnings to the layman who make up the majority of their electorate and for the benefit of a tiny few financial institutions at the expense of their voters !!!

What percentage of voters know how or have the means to invest in treasuriy bills to protect themselves? might I suggest less than 5% or possibly even 00.5%?