The value of a dollar has plummeted lately with the recent ravages of inflation (due to money printing…IMHO) but the loss of value is just a more severe and considerably steeper continuation of the long-term decline in the value of a dollar.

As measured by the Consumer Price Index (CPI), the dollar has lost about 40% of its purchasing power just since January 1, 2000. 

Try a longer-term perspective now…

Bonus if you got this far…

When you hear pontification of the Federal Reserve engineering a “soft landing”, remember this:

The Fed has NEVER engineered a soft landing… EVER…

 

 

Copyright © 2024
Legacy Wealth Management