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 ...

Large technology companies and industrial manufacturers, which can derive much of their revenue from overseas, are ...

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 ...

Leaving history behind, Argentina has a system in which the most important foreign exchange transactions take place.

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 ...