Purchasing Power of the Dollar Goes WHOOSH!

Worst inflation in 40 years is spreading deeper into the economy. By Wolf Richter for WOLF STREET. The broadest Consumer Price Index (CPI-U) jumped by 0.5% in December...

How the Shield Nickel Rebuilt U.S. Currency

The chaos of the Civil War decimated U.S. currency. As a result, many people resorted to merchant tokens, encased stamps, and fractional currency. When the...