The Dollar Is Getting Smaller! (In More Ways Than One)

The dollar is getting smaller.  It's not just that it's rapidly losing purchasing power. It's also losing status on the world stage.  In this episode of the Midweek Memo podcast, host Mike Maharrey considers both aspects of the shrinking dollar and their ramifications. He breaks down the recent CPI data, noting that it tells only part of the inflation story. Mike also highlights the ongoing global de-dollarization trend through the eyes of some mainstream analysts.