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Collapse of the Dollar's Purchasing Power for Used Cars

3 points| SQL2219 | 2 years ago |wolfstreet.com

1 comment

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PopAlongKid|2 years ago

>the purchasing power of the dollar that, with regards to used vehicles, has essentially collapsed over a three-year period.

"purchasing power" is not something you isolate on a commodity by commodity basis. The whole article is just basically a repeat of the old news that used car prices are up since the start of the pandemic.