Plummeting Purchasing Power

From today's Daily Dispatch, courtesy of CaseyResearch.com*



I just thought it was a nice design for a straightforward chart. I'm beginning to understand where all these Ron Paul types who want to abolish the Fed are coming from. You can read the newsletter online here (Doc, you will get a kick out of the image in the section on gun control - scroll down a ways.)

*A word of caution: I subscribe to free emails from CaseyResearch. I am extremely skeptical of any type of paid investment newsletter, and I do not recommend paying for anything from Casey or anyone else. In fact I am firmly convinced of the exact opposite: investment newsletters exist for the sole purpose of enriching the publisher. However, a lot of the stuff I have read has been interesting and quite different from much of the mainstream media stuff out there; some readers might find it intriguing as well. Politics, the economy, investing, even the odd music recommendation find their way into these missives. (Regular readers may recall Casey got my ire up in an earlier edition.)