The purchasing power of the dollar continues to VANISH! In April, the purchasing power of $100 in January 2000 is $55.70 (down $.20 from March).

by Dismal-Jellyfish Remember, CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor. Source: https://fred.stlouisfed.org/series/CUUR0000SA0R Let’s zoom in on this since 2020: CPI tracks the loss of the purchasing …

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Trillions To Vanish From Net Worth During Next Recession

Here is today’s articles mentioned in this news update: 1. Trillions in US net worth vulnerable to recession: IMF https://www.france24.com/en/20181010-… 2. The Next Recession Could Happen Sooner Than We Think https://www.forbes.com/sites/randybro… 3. When the Next Recession Hits https://newrepublic.com/article/15163… 4. The …

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