🔴Inflation is eating away at the dollar 🇺🇸
U.S. inflation has exceeded the Fed’s 2% target for 67 consecutive months..
⬅️The last time inflation fell below 2% was in January 2021, during the global lockdown ..
⬅️And during this period ..
According to KobeissiLetter, the dollar has lost 22.5% of its purchasing power, and what cost $100 in 2021 costs $129 today ..
-------------------------------------------------------#NEARRisesNearly10%
U.S. inflation has exceeded the Fed’s 2% target for 67 consecutive months..
⬅️The last time inflation fell below 2% was in January 2021, during the global lockdown ..
⬅️And during this period ..
According to KobeissiLetter, the dollar has lost 22.5% of its purchasing power, and what cost $100 in 2021 costs $129 today ..
-------------------------------------------------------#NEARRisesNearly10%