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Andrew Lokenauth highlights the decline in the purchasing power of the U.S. dollar since the country abolished the gold standard. According to Lokenauth, $100 in 1971 would be equivalent to just $12.13 in 2026, showing an 88 percent loss in value over this period.
The data tracks decreases at each decade milestone, illustrating the ongoing effects of inflation on the U.S. dollar's value.
Lokenauth has previously highlighted labor market developments, noting that major firms including UPS, Oracle, and Amazon announced tens of thousands of layoffs as of July. He has also detailed high-profile trading activity, reporting that Trump-linked accounts bought $12.8 million in stocks before the S&P 500 rose 9.5% on a tariff pause. These points reflect recent financial commentary from Lokenauth across different sectors.