An increase in the quantity of dollars will decrease the value of dollars (all things being constant) and this will drive up the price of gold AS MEASURED IN DOLLARS.
2010 – You bought a home for $100,000 and your favorite sandwich costs $5. 10 years later… 2020 – You sell the home for $200,000 and your fav sandwich costs $10. (1) Did you make any money? (2) Did you
The dollar-price for a first-class postage stamp will rise 10 percent next year! That means the dollar will be worth 10 percent less than in stamps. If the dollar is worth 10 percent less, will thou get a 10 percent
Back in 2006, inflation slowed dramatically to 2.4 percent and was 4.4 percent in 2008. Then a recession hit, and a new administration came to power. Inflation dropped significantly this year and now sits at 4.1 percent, about the level