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 ...

Inflation could stay higher for longer due to factors like energy costs, labor market tightness and deglobalization. Read how ...

In other words, the penny has lost 90% of its purchasing power. This devaluation is a failure of a runaway government that ...

Discover why gold and the dollar can rise together, fueled by US fiscal dominance and global economic instability, with a ...