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Sunday, November 8, 2026 · UTC
The Markets

US dollar loses 97% purchasing power since 1913 as AI adoption jumps 10%

Bureau of Labor Statistics data shows the currency's buying power has fallen to roughly 3 cents of 1913 value while generative AI use in the workforce rose to 41%.

Marcus Vance
Markets Reporter
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As of 2026-09-06 23:43 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
The US dollar has lost about 97% of its purchasing power since the Federal Reserve was created in 1913, with a 1913 dollar buying roughly 3 cents of today's goods according to the U.S. Bureau of Labor Statistics CPI-U.[1]