Image: http://www.dollargaze.org *
| Supply Fold-Increase |
Change in Unit Value (%) 1971-2008 |
|
| Gold | 1.8 | 310.4 |
| CHF | 3.8 | -23.7 |
| JPY | 15.9 | -25.4 |
| USD | 16.8 | -81.1 |
| CAD | 15.4 | -84.4 |
| AUD | 33.5 | -88.2 |
| GBP | 12.6 | -88.3 |
Mike Hewitt: “The United States is not alone in pursuing inflationary monetary policy and steadily inflating its money supply. Available historical exchange rate and money supply data permit similar analyses for other major currencies. We provide a similar analysis for (1) the British Pound, (2) the Canadian Dollar, (3) the Australian Dollar, (4) the Japanese Yen, and (5) the Swiss Franc for the same period (1971-2008).”
* From Money Supply and Purchasing Power, by Mike Hewitt, DollarDaze.org
Link: http://www.24hgold.com/english/news-gold-silver-money-supply-and-purchasing-power.aspx?article=1867907662G10020&redirect=false&contributor=Mike+Hewitt
© 2007 DollarDaze
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