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Purchasing Power Erosion
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Rick Rule Says Gold's Bull Market Has Been Underway Since 2000 as Purchasing Power Erodes
KITCO· 2026-01-25 00:31
Group 1 - The article discusses the erosion of purchasing power, highlighting the impact of inflation on consumers and their ability to buy goods and services [1] - It emphasizes that rising prices are outpacing wage growth, leading to a decrease in real income for many households [1] - The article suggests that this trend could have significant implications for consumer spending and overall economic growth [1] Group 2 - The analysis indicates that certain sectors may be more vulnerable to changes in consumer purchasing power, particularly those reliant on discretionary spending [1] - It also notes that businesses may need to adjust their pricing strategies in response to shifting consumer behavior due to reduced purchasing power [1] - The potential for increased demand for value-oriented products and services is highlighted as a possible outcome of this economic shift [1]