Purchasing power refers to the quantity of goods or services $20 can buy today. Inflation erodes purchasing power, making $10 buy fewer loaves of bread over 10 years. Investing in S&P 500 funds can ...
Purchasing power refers to the amount of goods and services a person or entity can buy with a given amount of money. It fluctuates over time due to inflation, deflation and changes in income, directly ...
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