I look at the whole picture. I don’t save in dollars, I use paper dollars for spending only. My labor is stored in tangible assets, real estate, PMs, land, housing, collectibles, etc...depending on the current economic cycle.
https://www.bls.gov/cpi/factsheets/purchasing-power-constant-dollars.htm
“Purchasing power
The CPI can be used to show how the purchasing power of a dollar changes over time. The purchasing power of a dollar in 2022 was about 92.6 percent of the purchasing power of a dollar in 2021....”
Back to your question.
AI:
“The U.S. dollar has lost significant purchasing power over the past decade, with estimates suggesting a decline of about 25% to 30% due to inflation and economic factors. This means that what $1 could buy ten years ago now requires approximately $1.30 to $1.40 today”.
Gold has done well ( better than equities) in purchasing power since we ditched the Gold standard in 1971. That said, I snicker when everyone complains about Inflation and the dollar debasement....goods and services have never ever been cheaper when priced in PM’s.
$10,000 in The S and P 500 with dividends reinvested since September 71 blows $10,000 in gold in September 71 out of the water. It's not even close. 3.2 million vs 950 K.