Sponsored Content Since the onset of the pandemic in March 2020, the purchasing power of your savings has been diminishing daily. When a dollar makes its way through the economy—from the first exchange along through a seemingly endless chain of transactions—its “value” will likely experience a reductive transformation. It’s still the same dollar in “nominal” terms. But it will no longer carry the same “purchasing power” it once had at the start. The thing is that money has no real value outside of its purchasing power. Money represents purchasing power. It doesn’t embody it. And the assumption of the latter, particularly among those who don’t understand how money works, can only serve as a debilitating anchor in the sea of ignorance. To approach it from a different angle, the value of money is very much a timing issue. When new money is issued, the people closest to the source of …