Articles tagged “purchasing power”

A dollar in 2000 buys roughly 53 cents worth of goods today. The dollar has lost about 97% of its purchasing power since 1913. Here is why this happens, what it means for your savings, and how to protect your wealth.

Inflation at 3.5% means your savings lose 3.5% of purchasing power every year. Here is what inflation actually is, how it is measured, and what you can do about it.