Fiat debasement calculator
How much purchasing power has your currency actually lost? Measured against gold, from 1971 to today.
In 1971, $1,000 could purchase approximately 24.51 oz of gold.
In 2024, that same amount of gold is worth approximately $58,578.
Purchasing power loss
-5757.8%
The dollar value is the same. The purchasing power — measured in gold, the historical standard — has fallen by this much over the selected period.
Data sources: historical gold prices (London Bullion Market Association), USD CPI (BLS). Figures are approximate and for illustrative purposes only.