The Dollar in Your Wallet Is Only Worth 18¢

then you're actually looking at about 18 cents. =)

FED to be corrupt.

The Fed is corrupt for lots of reasons. Inflation is not one of them.

Inflation is the natural policy of a Central Bank. In fact, that is their true benefit to governments that charter them. All paper currencies inflate because the CAN. There is always the lure and propensity to "create" more credit so as to enrich those who benefit by it. This is all an exercise in self-interest. But Self-Interest is why we should never have big government, government involved in industry, or central banks.

Self-Interest functions well as a solution to the "economic problem" of fulfilling unlimited wants needs and desires with limited resources. Self-Interest immediately becomes counter productive to that solution as soon as someone tries to tell others how to go about fulfilling their wants needs and desires and what they are allowed to do with their own resources. That is because anyone making such an edict or decision is ultimately acting in their own self interest and not that of those with the wants needs and desires in question which are attempting allegedly to be fulfilled. This is why central planning does not work. Human nature does not allow it.

Central banks are bad no matter where you find them for this reason. All paper currencies inflate, some faster than others. The existence of inflation in the rest of the world does not negate the corruption of the government of Zimbabwe or their central bank, nor does inflation in the rest of the world, or the existence of central banks elsewhere in anyway negate the harms cause by the central bank in Zimbabwe.

Your logic is flawed. You are trying to ascribe a uniqueness to the FED that is never claimed. The claim isn't that OUR central bank is corrupt, flawed and needs to be abolished (though it is) but more generally that ANY central bank is flawed and needs to be abolished, or better, not even created.

The argument isn't that OUR paper fiat currency is worthless, but that ALL fiat currencies are worthless. They have no value by DEFINITION. They are "bills of credit" or "notes of indebtedness." They are EVIDENCE of DEBT. If the borrow defaults, they have no value. Thus their value is not inherent in the object that is the piece of paper with ink on it, but rather the "belief" that the borrow will ultimately "pay" them. Sense those notes will never be paid with real money and instead are discharged with only more notes of indebtedness and bills of credit, they have NO value.

Gold and silver have no debt obligations attached to them. They are useful for many purposes in their own right and they have value in and of themselves. Other properties of them as metals make them more conducive to use as money and thus they have been, silver for over 500 years and gold for thousands.

And your initial point is likewise incorrect. We are not all across the globe experiencing the SAME loss of purchasing power. We are experiencing DIFFERENT rates of inflation and devaluation. If we didn't there would be no FOREX trade.