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What is the X in X-mas?
. the ability to purchase goods and services.
the value of money in terms of what it can buy at a specified time compared to what it could buy at some period established as a base:
the purchasing power of the dollar.
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for
Instead, they became hooked on credit and the ability to extract
from the housing bubble.
As the president's wallet grew fatter, the
of his countrymen plummeted.
Don't be surprised when our
If the dollar devalues precipitously or inflation spikes, the
-or real value-of your savings will wither.
was one of his rallying cries.
Thus stealing your
as the consumer and reducing your standard of living.
Nor is his second point about
Here as well, how prices move matters a lot: income is relevant insofar as it shows consumers'
is held constant even as they work fewer hours, then labor demand will be held constant.
The injection of this large increase in
into the economies has had many effects.
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Purchasing power is a license to purchase power.
At present cats have more purchasing power and influence than the poor of this planet. Accidents of...
(...) outward and visible signs of an inward and spiritual purchasing power, but till in actual use...
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