"U.S. Dollar, the Worst Investment of All Time?""The above chart...

"U.S. Dollar, the Worst Investment of All Time?"

"The above chart shows the history of the dollars purchasing power going back to the 1920s. All told the dollar has lost 94% of its purchasing power since we abandoned the gold standard."

Yes, but so too is the currency of any nation a poor investment.

The reason: it's called "inflation".
The seller of goods or services puts up their prices; the workers ask for wages rises to be able to afford the inflated goods or services; The seller of goods or services puts up their prices to pay the workers higher wages; etc...etc...etc.

What has that got to do with gold ?
The USA dollar is loosing value faster than any other currency because the USA has done absolutely nothing to repay its debts, nor does it look like they ever will. Instead they just keep borrowing more money.

Sorry, but I must be missing something ? I simply don't understand what that article is on about.