Quote:
Originally posted by Serge_Oprano@Nov 25 2004, 05:28 AM
so far,
the falling dollar has NOT caused the inflation in USA because...
Europe/Asia economies are NOT in the shape where they can afford to increase the prices to US customers and risk losing sales.
Therefore, they keep prices at bay and just decrease their PROFITS,
something the Americans can live with.
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bingo. no foreign economy can afford the lack of stability which would be caused by a massive decrease in spending of us dollars