#purchasingpower — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #purchasingpower, aggregated by home.social.
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Minimum wages in Europe: Purchasing power versus pay in 2026.
The rankings for minimum wages shift significantly when adjusted for purchasing power across several European countries as of July 2026.
High inflation hits minimum wage earners hardest where wages are updated only once a year.
#MinimumWage #Salary #CostOfLiving #PurchasingPower #Inflation #Income #Europe
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France or Germany: Where do workers take home more pay?
Workers’ take-home pay varies dramatically across the EU, with annual net earnings ranging from under €13 000 to more than €54 000.
While adjusting for living costs narrows the gap between eastern and western Europe, significant differences remain.
#Wages #Salaries #EU #Income #Europe #PurchasingPower #Economy
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Berlin Faces Lowest Purchasing Power in Germany
Residents of Berlin possess the lowest purchasing power among all German federal states. This is primarily attributed to high prices coupled with comparatively low incomes, as revealed by a study released on Saturday, April…
#dining #cooking #diet #food #GermanWine #berlineconomy #costoflivinggermany #germanstates #Germanwine #iwcologne #purchasingpower #Wine
https://www.diningandcooking.com/2596223/berlin-faces-lowest-purchasing-power-in-germany/ -
72% of the dollar's purchasing power was destroyed in just four episodes
https://eco3min.fr/en/us-inflation-is-not-linear/
#HackerNews #inflation #economicpolicy #purchasingpower #dollarvalue #financialnews
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A new way to measure poverty shows the US falling behind Europe.
The time needed to earn $1 in international dollars is 63 minutes in the US. This is about twice the average in Germany, France and the UK according to an Oxford University researcher.
This suggests that average poverty is significantly higher in the US.
#Poverty #PovertyThreshold #PurchasingPower #CostOfLiving #Economics
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Based on what I observe from family members living in Australia, and from my perspective as a Swiss citizen residing in Switzerland, purchasing power in Australia appears to be very low. The overall quality of life there seems significantly worse by comparison. When costs and standards are evaluated properly, there is little doubt that Switzerland offers better quality and greater value for money at lower overall prices than Australia.
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Some quotes to remember from Corbin Trent (about the US Economy):
"Two full-time workers today have less purchasing power than a single worker did in 1950."
"Any politician promising affordability without a bold plan to shift power back to working people is full of shit."
"We need to reverse a 50-year transfer of $79 trillion from the bottom 90% to the top 1%"
https://www.americasundoing.com/p/it-works-if-you-work-it
#Economics #Inflation #RealWages #PurchasingPower #Inequality #Politics #USPoli #Unions #TaxTheRich
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Boomers and Gen Xers share what they used to be able to buy with a quarter. Wow.
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https://substack.com/@karmageddon54/note/c-158818214
#Consumer #Dollars #PurchasingPower #JimmyKimmel #Disney #VoteWithConsumerDollars #FreedomOfSpeech #ABC #Politics #USA #CharlieKirk #Nazis #Fascist #Capitalism #Subscription #Boycott #Activism #Resist #Protest #tRump #TV #MSM #MainStreamMedia #FCC #Government
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McDonald's CEO warns of 'a two-tier economy' as lower-income consumers spend less - Well, duh… We’re spending less cause it costs so much just to live in the #TrumpEconomy - High rents, soaring grocery bills, even energy costs are going up. High-end purchases, like homes and cars, have been on hold for a while, now even #FastFood is feeling the pinch. We are definitely headed toward a two-tier #economy just as the McDonald’s CEO suggests. And pretty soon… the bottom is going to come for the top. https://www.nbcnews.com/business/consumer/mcdonalds-high-prices-tariffs-inflation-what-to-know-economy-rcna228650 #economics #USEconomy #PurchasingPower #CostOfLiving
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How long would it take for teachers to afford a house in Europe?
Euronews calculated how many months of salary a teacher would need to buy a 100 m² home across 24 European countries, using data from the OECD and Numbeo.
Ireland is the most affordable for teachers looking to buy a home. The least affordable country is Hungary
#Housing #CostOfLiving #Europe #Economy #PurchasingPower #Ireland #Hungary
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In the fall of 1972, when campaigning for a second term in office, 🇺🇸 U.S. President Richard Nixon announced that the rate of increase of inflation was decreasing, which has been noted as "the first time a sitting president used the third derivative to advance his case for reelection."
This means that the "jerk (3rd derivative)" of the price level is negative.
Equivalently, the "jerk" of purchasing power is positive.
In other words, the "acceleration" of inflation is negative.
\[I(t)=\alpha^2\dfrac{\mathrm dP(t)}{\mathrm dt}=-\beta^2\dfrac{\mathrm d\Pi(t)}{\mathrm dt}>0\]
\[\dfrac{\mathrm dI(t)}{\mathrm dt}=\alpha^2\dfrac{\mathrm d^2P(t)}{\mathrm dt^2}=-\beta^2\dfrac{\mathrm d^2\Pi(t)}{\mathrm dt^2}>0\]
\[\dfrac{\mathrm d^2I(t)}{\mathrm dt^2}=\alpha^2\dfrac{\mathrm d^3P(t)}{\mathrm dt^3}=-\beta^2\dfrac{\mathrm d^3\Pi(t)}{\mathrm dt^3}<0\]where, \(I(t)\), \(P(t)\), and \(\Pi(t)\) are inflation (rate), price level (function), and purchasing power of money (or simply value of money) at time \(t\) respectively. And \(\alpha^2\) and \(\beta^2\) are positive real constants.
Read an article here:
Mathematics Is an Edifice, Not a Toolbox
https://ams.org/notices/199610/page2.pdf#US #USA #UShistory #USpresident #Nixon #RichardNixon #ThirdDerivative #Derivative #Economics #Economic #EconomicExample #Jerk #Acceleration #Inflation #Deflation #Price #PurchasingPower
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Bitcoin to gold ratio posts new record as BTC sets new high - The Bitcoin to gold ratio hit a new ATH at 40 gold ounces per BTC as the... - https://cointelegraph.com/news/bitcoin-to-gold-ratio-new-record-btc-ath #bitcoin-to-goldratio #marketcapitalization #purchasingpower #peterbrandt #volatility #inflation #bitcoin #markets #dollar #ounce #gold #btc #xau
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🥳 Happy 'Put Your #Money Where Your Mouth Is' / 'Walk The Talk' weekend! 😉
Go forth & wield your #power well! 🙏🏽👌🏽💪🏽
Every purchase = a #vote 🗳️🧾✔️
⏸️💭🛒💸💞🛍️🙌🏽
#BuyingPower #PurchasingPower #PutYourMoneyWhereYourMouthIs #WalkTheTalk #CollectiveChange #change #ClimateChange #consumption #consumerism #ResponsibleConsumption #ethics #EthicalConsumerism #mindfulness #awareness #SelfAwareness #SlowDown #BlackFriday #SmallBusinessSaturday #CyberMonday #GivingTuesday #shopping #sustainability #empowerment
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Lynette Zang: Hyperinflation Looms as US Dollar’s Purchasing Power Dwindles - Lynette Zang, CEO of Zang Enterprises, asserts that hyperinflation is already unde... - https://news.bitcoin.com/lynette-zang-hyperinflation-looms-as-us-dollars-purchasing-power-dwindles/ #centralbankdigitalcurrencies #currencycollapse #purchasingpower #economiccrisis #federalreserve #hyperinflation #goldandsilver #lynettezang #u.s.dollar #economics #inflation
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(6/7) Purchasing decisions made in public canteens can catalyse societal shifts to #sustainable & healthy #diets. In addition to the #purchasingpower of the public sector, #publicprocurement (e.g. promoting plant-rich menus) can help shape related norms: https://www.agora-agriculture.org/publications/agriculture-forestry-and-food-in-a-climate-neutral-eu
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#Poverty in #income or #PurchasingPower contributes 23-51% to #mortality from #hunger, #UnsafeWater and #sanitation and #indoor #AirPollution, which corresponds to 2⃣ to 3⃣ million deaths per year (@WHO, #GBDstudy, HEI/IHME/#UNICEF, own calculation).
#GlobalHealth #GlobalGoals #SDGs #2030Agenda #UN #SDG1
https://www.who.int/publications/i/item/9241580313 (pp. 1942, 2068–2069)
https://www.healthdata.org/research-analysis/diseases-injuries-risks/factsheets/2021-child-and-maternal-malnutrition-level-2
https://www.healthdata.org/research-analysis/diseases-injuries-risks/factsheets/2021-unsafe-water-sanitation-and-handwashing
https://www.healthdata.org/research-analysis/diseases-injuries-risks/factsheets/2021-household-air-pollution-solid-fuels-level
https://www.stateofglobalair.org/sites/default/files/documents/2024-06/soga-2024-report_0.pdf -
Inflation is theft and the economy is rigged.
https://medium.com/@sara_causey/exactly-were-screwed-on-purpose-bd702ac41a48
#inflation #economy #inflationistheft #thefed #cronycapitalism #riggedeconomy #dollardevaluation #purchasingpower
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Oh, inflation, you wicked beast
That gobbles up our purchasing power
We wish for a moment of peace
But you grow stronger by the hour
As our money evaporates fast
Into a lingering fog so dense
We become slaves to your mighty grasp
Which leaves us poorer, without defense -
«Inflation is trending down. But #earnings have generally grown slower than #inflation, resulting in a loss of #PurchasingPower for consumers. (...) #CreditCard #debt reached a staggering $1.3 trillion in the second quarter of 2023. This is not sustainable. At some point soon, consumer spending will have to slow. And given that consumer spending represents about two-thirds of total #GDP, a #recession could still occur.»
https://theconversation.com/jobs-are-up-wages-less-so-and-lower-purchasing-power-could-still-lead-the-us-into-a-recession-212678
#usa #capitalism #surplusvalue #exploitation -
Eurozone Inflation to Remain Higher Than 2% Target in Next 2 Years, ECB’s Lagarde Admits - Inflation in the eurozone has started to decline but the area’s monetary authority... - https://news.bitcoin.com/eurozone-inflation-to-remain-higher-than-2-target-in-next-2-years-ecbs-lagarde-admits/ #consumerexpectations #christinelagarde #purchasingpower #profitmargins #centralbank #inflation #president #euroarea #eurozone #governor #finance #lagarde #wages #euro #ecb
