Thursday 2012-10-11

From the global inflation and GDP data at Index Mundi, the world in 2011 saw a GDP-weighted inflation rate of 5%.

At the same time, from the St Louis Federal Reserve, the US dollar appreciated 1.6% against its trading partners (somewhat similar to GDP-weighted).

Our US dollar-denominated wealth had to make 3.4% after taxes just to not lose any global purchasing power.

How many US bank accounts managed to yield that?