Chart of the Day The Fed and many investors have voiced concern over inflation. Today's chart provides a long-term picture (1915-present) of the impact of inflation on the buying power of one US dollar. One dollar in 1915 is worth about one nickel today, suggesting that US savers have to invest to stay even, let alone get ahead.
Notes: - Where is inflation headed and what does it mean for the market? Find out now with the exclusive charts of Chart of the Day Plus.
Source - BLS
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Quote of the Day "Inflation is the one form of taxation that can be imposed without legislation." - Milton Friedman
Events of the Day
October 24, 2005 - United Nations Day
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