The passing scene is hilarious, until it careens through the front yard and crashes into my living room.
Tuesday, April 12, 2022
The purchasing power of the US dollar is down 9.4% since Joe Biden was elected in November 2020, just sixteen months ago
Percent change from a year ago is shown
From 38.4 to 34.8 on the index = 9.375%.
From the spring to the summer of 1933 when FDR confiscated gold and devalued the dollar from $20 to $34 (70%), the decline in this index was 5%, and then 14% by 1940.