Don’t Measure Inflation in Dollars — Use This Currency Instead

Amanda Claypool
9 min readMar 25, 2024
Photo by Obi - @pixel8propix on Unsplash

It’s undeniable that inflation is out of control. But it isn’t the rising cost of living that’s to blame.

If you opened up a time capsule and pulled out a crisp dollar bill dated 1913 — the year the Federal Reserve was established — it would be worth $0.03. In a century the value of our currency has lost 97% of its value.

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Amanda Claypool

I’m a writer & strategy consultant musing about the future of the world as it’s unfolding. Stay ahead of the curve: https://amandaclaypool.ck.page/reading-list