Friday, May 8, 2009

The Annihiliation Of The Dollar's Purchasing Power

This is the chart they don't want you to see: the purchasing power of the dollar over the past 76 years has declined by 94%. And based on current monetary and fiscal policy, we have at least another 94% to go. The only question is whether this will be achieved in 76 months this time.



Hat tip Teddy Sphere: Related Content
Print this post
blog comments powered by Disqus