The purchasing power of holders of nominal debt must not be put at risk.
In theory, this will boost Chinese purchasing power and thus bilateral trade.
Educated Malaysians are fleeing the country, as is their purchasing power.
Their overwhelming priority is to protect the purchasing power of incumbent creditors.
But critics say the elderly's purchasing power will be eroded over time.
But what about value in a situation where there are differences in 'purchasing power'?
This purchasing power was at first by no means fixed or constant.
The latter is the purchasing power of money, a relative concept, exactly expressed in the price-level.
There has been no decrease whatever in the purchasing power of the rupee in India.
The salaries lag after the cost of living and the purchasing power of households is eroded.