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The slow, systematic destruction of the dollar's purchasing power

Tags Money and BanksCapital and Interest Theory

It's interesting to look the producer price index and consider how extreme and relentless are price increases over time, and it strikes me that the lack of public outcry about this must represent some sort of price-trend acculturation that has taken place. We have come to expect it, the way we expect government to rob us of 30-40% of our income through one means or another.

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Contact Jeffrey A. Tucker

Jeffrey A. Tucker is the founder of the Brownstone Institute and an independent editorial consultant.

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