In other words, the penny has lost 90% of its purchasing power. This devaluation is a failure of a runaway government that ...

But once the dollar rolls over, that protection will be lost and inflation will take a much bigger bite out of consumers’ purchasing power,” Schiff explained. Schiff argues that the U.S ...

Leaving history behind, Argentina has a system in which the most important foreign exchange transactions take place.

Why? Because the purchasing power of the dollar decreased over that 20-year period. Purchasing power is the value of money in terms of the real goods and services it can purchase. The purchasing ...

Fiat has lost 99% of its purchasing power in the last 100 years." Traditionally, however, gold and the U.S. dollar are considered to have an inverse relationship — meaning that the price of gold ...