The dollar has been losing value for a while; since the

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The dollar has been losing value for a while; since the 1970s, it has really lost 95% of its purchase power. This is partly due to growing inflation, which in 2022 shockingly hit 8%.In essence, $1 in 1913 was equivalent to $26 in 2020.
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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}The dollar has been losing value for a while; since the 1970s, it has really lost 95% of its purchase power. This is partly due to growing inflation, which in 2022 shockingly hit 8%.

The dollar has been losing value for a while; since the 1970s, it has really lost 95% of its purchase power. This is partly due to growing inflation, which in 2022 shockingly hit 8%.