Dollar Value Fluctuations

This is a news story, published by Yahoo Finance, that relates primarily to Pendergast news.

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dollar value drop

GOBankingRates

•

Business

Business & Economics

What If the US Dollar Drops in Value by 50%?

Summary

Nutrition label

77% Informative

The value of a dollar fluctuates over time (inflation) and due to economic conditions based on how much you can purchase with that same dollar.

A 50% drop in dollar value is hard to envision in the short term, and unlikely, though not impossible.

Stagflation is more likely to happen than a serious drop in the dollar is “stagflation,” according to a survey.

No matter what shape the economy is in, thus your own personal finances, Pendergast urged consumers to “establish a good relationship with a bank or trusted financial advisors” who can advise on best practices. More From GOBankingRates.

VR Score

Informative language

Neutral language

Article tone

informal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful