A stronger currency would be good for China by raising the purchasing power of workers and fighting inflation.

人民币走强对中国将是好事，它将提高工人的购买力，并有助于遏制通胀。

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ALL monetary and economic systems are a struggle between borrowers, who favour inflation, and creditors, who are determined to maintain the purchasing power of the currency.

一切货币和经济体统都是喜好通货膨胀的债务人和决心保持货币购买力的债权人之间的斗争。

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China could let its currency, the yuan, appreciate further in inflation-adjusted terms, giving more purchasing power to Chinese consumers.

中国还可以让人民币进一步升值，从而增强中国消费者的购买力。

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Later studies showed that a currency's purchasing power does assert itself over the long run.

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Investors continue to view gold as a substitute currency to preserve purchasing power and as insurance against potential monetary turmoil (e.g. inflation).

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Likewise, an increase in the value of the dollar against another currency likely indicates that the central bank of the other country is lowering real interest rates and diluting the purchasing power of that currency at a greater pace than the Fed.

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