mattaroo on Nostr: Average annual inflation rates across 152 countries since the 1971 collapse of the ...

Average annual inflation rates across 152 countries since the 1971 collapse of the Bretton Woods system. No country has managed an average inflation rate below 2%. Switzerland coming nearest at 2.2%. Meanwhile, 107 countries have posted averages exceeding 5%. 55 have surpassed 10%.
Impact of 5% Annual Currency Debasement Since 1971. If a $100 bill had been exposed to a consistent 5% annual loss in purchasing power from 1971 to today (54 years):
​ 1. 1971 Value: $100
​ 2. Today’s Purchasing Power: ≈ $6.27
That means 93.7% of its original value has been destroyed. Put another way, what $100 bought in 1971 would require about $1,594 today to match the same purchasing power.