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Thursday, March 9, 2017

Greenback to the Future: 50 Year Look at the Dollar’s Purchasing Power vs. Gold

To understand the impact of inflation on the US dollar, it’s helpful to compare its purchasing power to gold over time. Fifty years ago, the dollar’s value was quite substantial, but over time artificially low interest rates and money printing by the Fed have helped erode the greenback’s potency. In contrast, gold’s unique ability to […]

Greenback to the Future: 50 Year Look at the Dollar’s Purchasing Power vs. Gold



from SchiffGold.com http://ift.tt/2n9xsoJ