It is a stark reversal of the conditions that greeted American travelers and investors as recently as 2024, when a strong dollar lifted their purchasing power on imported goods, triggered a travel ...

But according to legendary investor Rick Rule — former president and CEO of Sprott U.S. Holdings — the U.S. dollar’s erosion in purchasing power is far from over. The culprit, he says, is America’s ...

If Rule’s prediction of a 75% drop in the U.S. dollar’s purchasing power over the next decade proves accurate, it could mean serious trouble for anyone holding the greenback.

“I believe because of this $100 trillion in unfunded entitlement liabilities that the U.S. dollar will lose 75% of its purchasing power over 10 years,” he says, pointing to the 1970s as ...

Over the past six months, the dollar has declined more than 10% compared with a basket of currencies from the U.S.’ major trading partners — something it has not done since 1973. Today, it ...

Declining Purchasing Power of Dollar. Furthermore, the inflationary limit is evident due to a 20% increase in inflation over the past four years, a 30% increase in the cost of basic groceries, ...

The Mexican peso continues to break records, appreciating its strongest level against the dollar in almost nine years at 16.44. "The U.S. currency has lost value against all other currencies ...

President-elect Donald Trump's latest threat to slap huge tariffs on countries that try to move away from the mighty U.S. dollar inadvertently highlights the intractable contradiction at the heart ...