Sentences with phrase «less purchasing power»

But it also means higher priced imports and so less purchasing power for American incomes.
To begin with, inequality leaves consumers with less purchasing power.
Same dollars in your accounts, though they would have less purchasing power due to inflation.
And as a result, consumers have less purchasing power because their money isn't worth as much as it once was.
That means the benefit you receive at age 65 could have substantially less purchasing power by the time you're 80 or 85.
Not only do higher rates translate to less purchasing power for buyers, they also make it harder for some buyers on the margins of good credit to qualify for a home loan.
In today's dollars, the current federal minimum wage offers 30 percent less purchasing power than it did in 1968, according to NELP.
Inflation Rate: Almost everything gets more expensive over time and the dollar that you make today will have less purchasing power next year when things are more expensive.
If we don't outpace inflation, we will end up with less and less purchasing power down the road.
The mind trick is that the 401k loan amount represents cash that has never been taxed, so has much less purchasing power compared to after tax money (you realize this when you pay taxes and the loan contributions).
«[These technologies] spell trouble for people with less purchasing power and less political power,» Varma said.
There will of course be inflation, so the money in the future will have less purchasing power than it does today, but it's still a whole lot more money than there was to begin with.
All the Main Street got was less purchasing power for everything while incomes were mainly stagnant — less purchasing power for rents, education, houses and health care; food also went up in price.
That's a good reason not to keep physical money under your mattress — it will have less purchasing power with the passage of time.
If you make a deposit at 2 % APY expecting consumer prices to increase by 1.5 % annually, but inflation instead spikes to 3 % annually, instead of collecting a small real return after adjusting for inflation, you'll end up with less purchasing power than you started with.
Their nominal yield provides you less purchasing power due to inflation.
There will of course be inflation, so the money in the future will have less purchasing power than it does today, but it's still a whole lot more money than there was to begin with.
The main aim of Android Go is to provide affordable smartphones that work well to emerging markets where customers have less purchasing power.
«Similar to some of the obstacles facing first - time buyers, tighter credit conditions and having less purchasing power than households with dual incomes likely led to the share of single - female buyers declining to its lowest since 2001 (also 15 percent),» noted Dr. Yun.
The reason is that inflation makes 100k / year 10 years from now have less purchasing power than 100k / year today but it also raises property values and property rents.
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