What’s a Dollar Worth

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It is sad but true…. your dollar has lost almost 50% of its value compared to the buying power of other major currencies over the last 25 years.   I suppose as long as your salary and earnings continue to grow as fast or faster than the sinking dollar is falling you are at least treading water.  But what happens as a larger and larger segment of society reaches retirement age and faces the prospects of trying to eeeek by on a fixed income.  The ravages of the rising inflation and falling purchasing power of the dollar will be devastating.  As shown in this shadowstats.com chart the US dollar has continued on its decline in purchasing power compared to other major currencies including the EUR, JPY, GBP, CHF, AUD, CAD.



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