Hello. I read a sentence in a newspaper as follows:
"The fed wants the economy to grow but not so fast that inflation gets out of control. That‘s when the prices of things go up and the dollar buys less."
I couldn't get the mean that "The dollar buys less." Could you help me to understand the meaning with some paraphrases of the above-mentioned expression?
Hope to have your prompt help.
Thanks and best regards,
David Kim
Top answer
The dollar buys less = items are more expensive
— Mister Micawber
The dollar buys less = items are more expensive
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