The US dollar has experienced a staggering decline in purchasing power over the last 50 years, losing approximately 98% of its strength since 1971. This decline in purchasing power shows that the amount of goods and services that can be purchased with one unit of the US dollar has decreased significantly over time .Recent debates over international trade and alternative currencies, and the jump in the US money supply from $4.6 trillion in 2000 to $19.5 trillion in 2021, have raised concerns about the future of the dollar's dominance.