Inflation is Taking a Toll on The Dollar [Infographic]

In 2022 alone, inflation rose 9.1%, the fastest pace since 1981. In 2021, the US dollar depreciated 16% compared to the Mexican peso. The cost of all goods is on the rise, with the food index increasing 11%, the energy index increasing 33%, and all other items increasing 6%. With the economic struggle and the pandemic still raging on, inflation rates are not expected to slow down anytime soon. Gold is one of the very few investments that has a 0% counterparty risk.