From a car to a meal, how much has the purchasing power of the US dollar plummeted in 100 years?
The US dollar is one of the strongest currencies in the past 100 years. However, the US dollar has lost 96% of its purchasing power in 100 years
Other currencies are even worse!
1934: $100, about the same as a used car
1944: $76, the purchasing power of $100 has dropped by 24%
1954: $50, the purchasing power of $100 has dropped by 34.21%
1964: $43, the purchasing power of $100 has dropped by 14%
1974: $27, the purchasing power of $100 has dropped by 37.21%
1984: $13, the purchasing power of $100 has dropped by 51.85%
1994: $9, the purchasing power of $100 has dropped by 22.22%
2004: $7, the purchasing power of $100 has dropped by 17.86%
2014: $5.75, the purchasing power of $100 has dropped by 17.86%
2024: $4.25, the purchasing power of $100 has dropped by 26.09%