![The US Dollar had an average (official) inflation rate of 3.91% per year since 1971. In other words, a dollar today only buys 13.5% of what it could buy you in 1971. The US Dollar had an average (official) inflation rate of 3.91% per year since 1971. In other words, a dollar today only buys 13.5% of what it could buy you in 1971.](https://preview.redd.it/the-us-dollar-had-an-average-official-inflation-rate-of-3-v0-8s3hcaf9omba1.jpg?auto=webp&s=7316f2af32e3ed8827fe7a9ac0b3e0f7b29763ac)
The US Dollar had an average (official) inflation rate of 3.91% per year since 1971. In other words, a dollar today only buys 13.5% of what it could buy you in 1971.
![Dollar's Purchasing Power Drops to Lowest Ever. Inflation Heats Up, as Fed Wants, After Simultaneous Supply & Demand Shocks | Wolf Street Dollar's Purchasing Power Drops to Lowest Ever. Inflation Heats Up, as Fed Wants, After Simultaneous Supply & Demand Shocks | Wolf Street](https://wolfstreet.com/wp-content/uploads/2020/08/US-CPI-2020-08-12-purchasing-power.png)
Dollar's Purchasing Power Drops to Lowest Ever. Inflation Heats Up, as Fed Wants, After Simultaneous Supply & Demand Shocks | Wolf Street
![While the Fed Fiddles, the Dollar Burns: Dollar's Purchasing Power Plunged at Fastest Pace since 1982 | Wolf Street While the Fed Fiddles, the Dollar Burns: Dollar's Purchasing Power Plunged at Fastest Pace since 1982 | Wolf Street](https://wolfstreet.com/wp-content/uploads/2021/07/US-CPI-2021-07-13-dollar-purchasing-power.png)