Thursday, February 28, 2008

This is your world in gold

Since inflation is hot on many people's minds these days, I've been looking for data that tracks prices in gold as compared to our ever-inflated US dollar. I didn't need to look far. Priced in Gold is an excellent website that charts the cost of various commodities and currencies in gold bullion. For example, the website tracks the (eroded) US dollar, crude oil, US retail gasoline and US Median Home Prices, just to name a few.

This is data every American needs to see, for you can't look at the plunging dollar and escape the conclusion that something is deeply wrong with U.S. monetary policy.

1 comment:

Anonymous said...

The oil and gas graphs aren't very useful, though, since they only go back to the 1990s.