The Fed and Price Stability: Unpilled Version

"You take the blue pill, the story ends. You wake up in your bed and believe whatever you want to believe. You take the red pill, you stay in Wonderland and I show you how deep the rabbit hole goes."
--Morpheus (The Matrix)

Some great charts on inflation in this post. From the chart on the left, can you guess when the Fed was created? C'mon, no peeking at the chart on the right...

Browse the charts in the post and marvel in relation to the Fed's charter of 'price stability.' Marvel in the sense that somehow we think the Fed has actually been stabilizing prices. As the chart indicates, prices were much more stable pre-Fed.
It seems that we have chosen the blue pill.