Inflation and the Purchasing Power Index

Did you know the modern dollar has depreciated 97% since it was created in 1913?

Inflation is the silent threat to individual wealth in the modern world. Purchasing Power depreciates as a currency inflates. A common way to visualize dollar depreciation is through the Purchasing Power Index Chart published by the St. Louis Federal Reserve FRED website.

https://fred.stlouisfed.org/series/CUUR0000SA0R

This episode discuss this chart, the data, and some history behind the data. This is a an entry point to discussions about the twin scourges of central banking and fiat currency. This podcast is not financial advice. This is educational content to promote financial literacy. I hope you learn something or learn a new way to articulate these ideas. Enjoy!