The Decline of the Purchasing Power of the US Dollar

by BMG Admin on September 5, 2012

Source: Chart by American Institute for Economic Research, from the Wholesale Price Index compiled by the Bureau of Labor Statistics

“A log chart of the dollar’s purchasing power from just before 1800 to about 2003. The dotted line shows the periods when gold convertibility was suspended.”

–Pater Tenebrarum

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