the dollars will decrease in purchasing power. If a dollar gets you 100X of gas (or any other consumable) this year and the dollar next year gets you 99X of gas (or any other consumable) no matter how many dollars you have they are worth less. You are confusing PERSONAL purchasing power with the Dollar's purchasing power. (Ergo if you have more dollars than you did last year then you personally have more purchasing power.)
"So, if it takes 40 dollars to FILL my gas tank each week and next year it takes $40.40 each week then I've lost 40 cents on the value of my transportation asset."
Are you asserting the above statement is NOT true?
"You bet. The oil company shares I own should keep their value because they can sell the oil for more, right?"
Which has what to do with the valuation of the dollar?
No one denies this.
no matter how many dollars you have they are worth less.
Each dollar is worth less.
You are confusing PERSONAL purchasing power with the Dollar's purchasing power.
No I'm not.
Are you asserting the above statement is NOT true?
When I said, "You bet", that was me agreeing with you.
Which has what to do with the valuation of the dollar?
You said "any asset that is valued in Dollars suffers the same loss"
My oil stocks are priced in dollars but would increase in price if inflation allows them to sell their oil for more dollars. When I sell my $100 in stock next year for $101, you can see that my asset "that is valued in Dollars" did not suffer the same loss.