Why? Because the purchasing power of the dollar decreased over that 20-year period. Purchasing power is the value of money in terms of the real goods and services it can purchase. The purchasing ...

Matt Lee is the founding partner of Atlas Growth Capital. He has 3+ years of experience as a consultant and startup advisor. Thomas J Catalano is a CFP and Registered Investment Adviser with the ...

An increase in the value of the index offers a quantitative measure of inflation, or the decline of the dollar's purchasing power over time. Aside from eroding consumer purchasing power ...