Monday, November 30, 2009

Woe is the Dollar

"Where is the dollar heading? Why are the prices of everything going up while my wages are stagnating? Do deficits matter? Is the price of gold indicative of a market mania? Why is there so much fuss over the Fed?"

The following graph shows the purchasing power of the dollar, compared to the dollars in circulation. (Red line is dollars in circulation)

As seen on the