Inflation and purchasing power

Double Blind has a good post about inflation and it's relationship to purchasing power. It's written by a Canadian, so the references to dollars are about Canadian dollars.

But it's a topic American's need to be paying attention to. The American dollar is losing purchasing power at a very dangerous rate. You can thank government policies about lower taxes and higher spending for that and I don't see any indication that Clinton or McCain will do anything to change that direction in a meaningful way. Maybe Obama will save us. Maybe he won't.