Why? Because the purchasing power of the dollar decreased over that 20-year period. Purchasing power is the value of money in terms of the real goods and services it can purchase. The purchasing ...
It might surprise you to learn which parts of your vacation spending inflation has made more or less expensive over recent ...
In other words, the penny has lost 90% of its purchasing power. This devaluation is a failure of a runaway government that ...
Matt Lee is the founding partner of Atlas Growth Capital. He has 3+ years of experience as a consultant and startup advisor. Thomas J Catalano is a CFP and Registered Investment Adviser with the ...
Here’s an illustration of the idea. Bitcoin is fixed, while fiat is debased. If the purchasing power of the dollar were to remain the same, but bitcoin were used as a unit of account to measure ...