Purchasing power of the dollar

Purchasing power of the dollar

The amount of goods and services that can be exchanged for a dollar as compared with amount of a previous time period.

Purchasing Power of the Dollar

The goods and services that $1 can buy when compared to other currencies or to the dollar in a different time period. One can use the purchasing power of the dollar to gauge both the dollar's value in the currency market and to measure inflation. See also: Exchange rate.
References in periodicals archive ?
In 1972, Congress modified Social Security so that it would reflect the loss of purchasing power of the dollar, resulting in the adoption of the Consumer Price Index, or CPI.
Lehrman, a member of the President Ronald Reagan's Gold Commission in 1981, makes a compelling case for returning to a classical gold standard, not only to protect the purchasing power of the dollar but to prevent the federal government from using the printing press to pay its bills.
Overall, prices increase and the purchasing power of the dollar falls.
In other words, the purchasing power of the dollar rises.
The purchasing power of the dollar is increasing versus that of the euro.
Nonetheless he did add that the present stimulus will have a temporary positive effect on the Saudi riyal and other currencies pegged to it by increasing the purchasing power of the dollar and give a slight boost to the currencies linked to it.
It then gradually and grudgingly settled back before finally leveling out over the next two decades as free markets became more comfortable that monetary policy was capable of protecting the purchasing power of the dollar absent gold as a paper dollar issuance limiter.
Under a free market and a stable quantity of money (the total amount doesn't matter), increased production of goods will result in a gradual fall in the price level year by year, and therefore an increase in the purchasing power of the dollar.
Our fiat currency is very fragile and every action taken by our Federal Reserve Chairman should be for the purpose of preserving the purchasing power of the dollar.
Change in the purchasing power of the dollar, relative to the consumer price index, since the motto "In God We Trust" was added to the dollar bill in 1957 |-87%
The index measures the effective or real prices of New Hampshire exports to the rest of the world based on the purchasing power of the dollar.
The currency effect is also exacerbated by the still relatively strong purchasing power of the dollar in Asia, according to Forrester Research analyst Andrew Bartels.