Their fuel purchasing power enables them to provide value to customers and strengthen their brand.

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This is intellectually dishonest, as the value in money does not come from its nominal value but rather from its purchasing power.

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When the claim checks outstanding grow sufficiently numerous and when the issuing party can unilaterally determine their purchasing power, the pressure on the issuer to dilute their value by inflating the currency becomes almost irresistible.

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If the Fed chooses to reduce the real burden of the debt via inflation, the purchasing power of money will fall along with the foreign exchange value of the dollar, and those who trusted in U.S. public debt will suffer.

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Yes, there are times when one specific good is overproduced, but its decline in value occurs in concert with a decline in the purchasing power of the producer of the unattractive good.

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But in the future , the value of principal repayments and government benefits and paychecks will lose purchasing power.

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By the time new money and credit has passed through many hands, it has lost substantial value as prices are bid up, people find that their purchasing power lags behind consumer price increases, and their living standards fall.

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Properly done Purchasing Power Parity (PPP) adjustments are very complicated, but if we judge by 2011 IMF figures than roughly speaking we should boost the nominal value of Russian wages by about 28% to capture their actual purchasing power.

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