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💵 DOLLAR'S WORTH: THE DECLINING PURCHASING POWER OF THE U.S. DOLLAR 💵

Over the last century, the U.S. dollar has lost significant purchasing power. Rising inflation, expanding money supply, and key economic events have slowly eroded the value of $1.

📊 Key Milestones:

1913: $1 = $26 in 2020 dollars 💸

1920–1950: Dollar value gradually declines with inflation

1971: U.S. Dollar becomes the world’s reserve currency 🌎

2008–2009: Quantitative easing (QE1) begins after the financial crisis 💹


🍫 Fun Perspective:

$1 in 1913 = 30 Hershey’s chocolate bars in 2020

$1 today = 1 McDonald’s coffee ☕


💡 Takeaway: The dollar’s power has drastically fallen over time, highlighting the impact of inflation and monetary policy on long-term savings.

📈 Always consider purchasing power when planning investments or holding cash for the long term.

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