So much for the maxim “a penny saved is a penny earned.” No longer will you be able to offer someone “a penny for your ...

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 ...