The purchasing power of a Dollar is in a perpetual bear market:
— The Kobeissi Letter (@KobeissiLetter) March 27, 2024
If you took $1.00 from 1920 and held it until today, it would be worth just $0.06.
But you don't have to look too far to see how damaging inflation can be.
$1.00 from 2020, right before $4 trillion in stimulus was… pic.twitter.com/1skPkVOEix
Drug deals
https://www.dailymail.com/yourmoney/article-16025173/costco-store-perk-shoppers-faster-cheaper-nicer.html