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📈 Macroeconomics

Inflation Alert! The purchasing power of the dollar continues to VANISH! In February, the purchasing power of $100 in January 2000 was $56.10.

Remember, CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your hard earned labor.

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

We have lost .70 in purchasing power since November (56.8), February (56.1).

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