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Because the purchasing power of the dollar decreased over that 20-year ... The purchasing power of a currency decreases over time as the goods and services in a country go up in price.
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24/7 Wall St. on MSNAmerican Has Over $24 Trillion in Purchasing Power - Do Any of Its Allies Even Come Close?In terms of economics Purchasing Power Parity (PPP) acts as an indicator that measures the cost of living and inflation rates ...
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