At 3 percent inflation over an 80-year lifetime, prices will multiply by a factor of more than 10. A dollar will become nine ...
Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It ...
On Sunday, in a post on X, The Kobeissi Letter, said “basic necessities have never been more unaffordable,” while noting the steep increases in core expenses since February 2020, with grocery prices ...
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Rising costs and modest COLAs are squeezing retirees as Social Security struggles to keep up with long-term inflation ...
Mike Maharrey argues that decades of artificially low interest rates and nearly $9 trillion in quantitative easing, combined ...
One of the favorite charts used to make the “debasement” case is the classic graph showing that the U.S. dollar has lost 90% of its purchasing power since 1966. Debasement implies a structural ...