TBX - Dollar's Purchasing Power Drops To Record Low Despite Aggressive 'Hedonic Quality Adjustments'

• The “Purchasing Power of the Consumer Dollar” is the politically incorrect mirror image of inflation in consumer prices, as measured by the Consumer Price Index (CPI).
• Purchasing power of the dollar in January dropped by 1.5% year-over-year to another record low.
• The overall CPI for urban consumers, the politically correct way of expressing the decline in the purchasing power of the dollar, rose 1.4% in January, compared to a year earlier.

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