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~ Changes in the Value of a Dollar (US Dollar's Decline)
^  Prophetic Events surrounding this event.

Note that the ounces of gold needed to buy a barrel of oil (0.11 ounces) has not changed since 2001, even though the number of dollars needed to buy an ounce of gold or a barrel of oil has almost tripled since 2001 (2.8 times more dollars needed now).  (See more in table below.)

The US dollar continues to loose value, making it appear that the price of everything else (when measured in US dollars) is going up.  The eroding value of the U.S. dollar is summarized in the table and events described below:
 
 
Changes in the
Value of a Dollar *

Item

Dollar "Value"
of the item in
~ Jun 2001
Dollar "Value"
of the item in
Mid Oct 2007
Value of a 2001
Dollar ($1.00)
(Then vs Now)
Change in the
Value of a
Dollar *
(Then vs Now)
Average Annual
Change in the
Value of a Dollar
* (Then vs Now)
CPI-U **  (Consumer
 Price Index - Urban)
178.0 208.936 $0.85 - 15% - 2.5%
DJIA  (Dow Jones
 Industrial Average)
11,338 14,165 $0.80 - 20% - 3.5%
Median House Price
(U.S. Single-family)
$153,100
(2001)
$211,700
9/2007 prelim
$0.72 - 28% - 5.1%
DX index (U.S. Dollar
Index (DX, NYBOT) )
121 78 $0.64 - 36% - 6.7%
Euro  
(European Currency)
$0.84 $1.42 $0.59 - 41% - 8.0%
Oil   per barrel (Brent
Crude Oil (LO, IPE) )
$30.00 $84.00 $0.36 - 64% - 15.0%
Gold  per ounce
(London Fix)
$274.00 $763.00 $0.36 - 64% - 15.0%

* Change in the Value of a Dollar if the intrinsic value of the item has remained essentially unchanged from June 2001 to Mid October 2007.

** CPI-U = the US Government's acknowledged inflation rate (claimed erosion of the Dollar).  As can be seen from the many other measures of Dollar erosion in this table, the CPI-U grossly underestimates the actual erosion of the Dollar (grossly underestimates the real rate of inflation).

Note that the ounces of gold needed to buy a barrel of oil (0.11 ounces) has not changed since 2001, even though the number of dollars needed to buy an ounce of gold or a barrel of oil has almost tripled since 2001 (2.8 times more dollars needed now).
 

Historical and Recent Events affecting the Value of a US Dollar:

Remember that, as the US dollar continues to loose value, it will appear that the price of everything else (when measured in US dollars) is going up.

^  Prophetic Events surrounding this event.
 
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