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Infographic: the purchasing power of gold over the years

Autor: Rolf van Zanten Date: 8 June 2023 Update: 8 June 2023 Reading time: 1 min
Infographic: the purchasing power of gold over the years

This image illustrates the depreciation of paper money over time due to inflation. On the left, we see a stack of banknotes required to buy one ounce of gold in 2020 ($1,770), while in 1933, only $20.67 was needed for the same amount of gold. This highlights how fiat currency loses purchasing power over time, whereas gold has historically maintained its value.

de koopkracht van goud door de jaren heen