Recently, UK inflation jumps to the highest in a decade. US inflation hit 31 years high in October as CPI jumped 6.2%.
Some people flirted :"Proof inflation doesn't only impact prices. You can see the nefarious art of shrinkflation. "
Do you know how much $100 in 1950 was equivalent to today's purchasing power?
$100 in 1950, equivalent to $8.7 today.
In 70 years, $100 lost 91.3% of its real value.
$S&P 500 Index (.SPX.US)$ $Nasdaq Composite Index (.IXIC.US)$ $Dow Jones Industrial Average (.DJI.US)$