US Dollar Purchasing Power vs Gold

us-dollar-purchasing-power-gold

Source: Sharelynx Gold

How many ounces of gold will $1000 purchase? These charts show the loss in purchasing power of the US Dollar from 1720 to 2012. The Nixon Shock of 1971 caused the last major devaluation of the US Dollar.

us-dollar-purchasing-power-percent-change

This second chart shows the percent change of purchasing power of the US Dollar since 1720 to 2012. Zero on the y-axis can represent USD $1. At 98.89%, it means represents the dollar worth less than 2 cents today.

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2 thoughts on “US Dollar Purchasing Power vs Gold

  1. Pingback: Rise of Gold Prices From 1968 To 2013 | livinginabubbleblog

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