In 1930, one US dollar had the full value of \$1, but due to inflation, its value will be just five cents by 2025. This means you now need about 20 times more money to buy the same things. The graphic shows how the dollar’s purchasing power has declined, highlighting rising prices and the decrease in the real value of money over time.
In 1930, one US dollar had the full value of $1, but due to inflation, its value will be just five cents by 2025. This means you now need about 20 times more money to buy the same things. The graphic shows how the dollar’s purchasing power has declined, highlighting rising prices and the decrease in the real value of money over time.
Comments
Post a Comment