FRED:CUUR0000SA0R
Consumer Price Index for All Urban Consumers: Purchasing Power of the Consumer Dollar in U.S. City Average
If you held the Dollar since 1966 you could only buy 10% of the amount goods for the same amount of money!
The purchasing power of the USD diminished over time while the purchasing power of Bitcoin goes up!
Inflation happens will ALL fiat backed by a central reserve bank that prints money.
Shout out to @facelessorg81 I couldn't figure out how to make this chart until I saw his chart and used it as an example.
The purchasing power of the USD diminished over time while the purchasing power of Bitcoin goes up!
Inflation happens will ALL fiat backed by a central reserve bank that prints money.
Shout out to @facelessorg81 I couldn't figure out how to make this chart until I saw his chart and used it as an example.
