Purchasing Power

Theories that invoke purchasing power parity (PPP) assume that in some circumstances (for example, as a long-run tendency) it would cost exactly the same number of, for example, US dollars to buy euros and then to use the proceeds to buy a market basket of goods as it would cost to use those dollars directly in purchasing the market basket of goods. The concept of purchasing power parity allows one to estimate what the exchange rate between two currencies would have to be in order for the exchange to be at par with the purchasing power of the two countries' currencies. Wikipedia

Purchasing Power

Theories that invoke purchasing power parity (PPP) assume that in some circumstances (for example, as a long-run tendency) it would cost exactly the same number of, for example, US dollars to buy euros and then to use the proceeds to buy a market basket of goods as it would cost to use those dollars directly in purchasing the market basket of goods. The concept of purchasing power parity allows one to estimate what the exchange rate between two currencies would have to be in order for the exchange to be at par with the purchasing power of the two countries' currencies. Wikipedia

Jun 16, 2:00 PM

Were celebrating Dad ahead of Fathers Day weekend. Our Purchasing Power family is sharing some of their Dads best advice. Share your Dads nuggets of wisdom in the comments below! #FathersDay

Jun 13, 9:41 AM

Check out how much fun we are having during our ""Fueling Financial Wellness @Work"" Roadshow. Make sure to visit us at our next stop. Details are here: http://bit.ly/2sjfZz6 #FueltheBus June 13: Minneapolis MN June 16: Louisville KY June 19: Nashville TN June 21: New Orleans LA

Jun 2, 0:28 PM

From changing a tire to the perfect grilling recipe, Dads can be a great foundation of knowledge! What is the best advice you have received for your father or father figure? Share below to your chance to be featured on our social media!

Jun 1, 10:54 AM

Get graduates what they need for their next steps in life. Take 20% off Gifts for Grads (and Dads). Hurry, sale ends today! See site for details.

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