RSS SubscribeCharted: The Declining Purchasing Power of the U.S. Dollar
By Marcus Lu – Visual Capitalist
The U.S. dollar has steadily lost value over the past century. According to Federal Reserve data, the purchasing power of one dollar today is equal to just a few cents in 1913 (the year the Fed was created).
In this graphic, we track the decline in the purchasing power of the U.S. dollar since the early 1900s, illustrating how inflation has eroded its value.
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